
A growing number of miners are expressing frustration over HNT rewards, which have significantly decreased over the last six months. Recent user comments highlight two primary reasons for this decline: halving events and a shift in HNT emissions allocation favoring mobile over IoT.
Several participants on forums confirm that the halving in August 2025 led to a 50% cut in Proof of Coverage (PoC) rewards. Many noted that the split between IoT and Mobile has shifted dramatically; originally at 28:72, it's now nearly 11:89. This effectively reduces HNT distributions for IoT by about 60% since August last year.
One miner pointed out, "In sum, IoT rewards have tanked by around 80% since the last halving." Others echo this sentiment as they face declining earnings. Users are increasingly hesitant to delegate their HNT staker rewards to the IoT network, noting that, despite operational activity, actual usage remains low.
Frustration is rampant, with users questioning the viability of the network. Comments like "Iβll go unplug mine" reflect a growing trend where many contemplate abandoning their hotspots altogether.
Interestingly, one user posited: "Despite some detractor comments, the IoT Network is scaling solutions and attracting new organizations for sensor deployment." This indicates that while some see the network as failing, others believe in its potential future growth.
Declining Returns: "It's crap, man!" showcases the widespread dissatisfaction among miners.
Network Challenges: "The IoT network is operational, but no one uses it," highlights the struggle for IoT to generate measurable value.
Seeking Alternatives: As frustrations grow, many are searching for projects offering better returns. "People are moving towards networks that repurpose existing equipment," one user observed.
With rising skepticism around HNT's future, miners are reassessing engagement levels. Analysts estimate a potential 30% drop in active hotspots by year-end if these trends continue. Many miners are left wondering: Can the network sustain its operations amid declining rewards and engagement?
π½ 80% decrease in IoT rewards since the last halving.
π 50% reduction in PoC rewards leading to increased disillusionment.
β οΈ "Youβd never make a return now," reflects the general mood on return on investment in the current climate.
As the HNT landscape shifts, miners face tough decisions on whether to stick with their current setup or explore more promising avenues. Amid broader changes in the crypto space, the future of HNT remains uncertain.