Helium 5G : Earn HNT coin by providing 5G cellular coverage.
FreedomFi Gateways will soon become compatible with the Helium blockchain, making it possible for hosts to earn HNT cryptocurrency by offloading carrier cellular networks using 5G and, later, Wi-Fi hotspots.
FreedomFi Gateway hosts will provide wireless network coverage for IoT devices and cellular devices (like cell phones) operating in Citizen Broadband Radio Services (CBRS) spectrum band. In return for providing this coverage and passing data through the device, operators are rewarded with HNT coin. HNT coin is freely exchangeable to other cryptocurrencies (such as Bitcoin etc.) or fiat currencies at many popular cryptocurrency exchanges. Please refer to public data sources for HNT price and places to trade.
FreedomFi Gateways will come with a pre-integrated LoRa module and, by default, will act as a Helium hotspot, mining rewards for proof of coverage and data on the LoRaWAN network. However, in addition to LoRa HNT coin rewards, FreedomFi Gateway owners will also be able to also earn rewards for offloading data from mobile networks of the Helium LoRaWAN network roaming partners offering rewards to the hosts above and beyond the traditional Helium Hotspots.
The Helium FreedomFi combination will use Citizens Broadband Radio Service, or CBRS (not to be confused with Citizens Band radio made popular by truckers), a spectrum authorized by the U.S. Federal Communications Commission (FCC) in January 2020, to allow wireless carriers to deploy 5G mobile networks without having to acquire special licenses.
Helium and FreedomFi highlight a new use case for CBRS, one that delivers on the initiative’s promise of innovation and creativity, former FCC Commissioner Michael O’Rielly said in a statement.
“Turning consumer gateways into network distribution tools and merging with ultra-hot cryptocurrency – consistent with the companies’ plans – may just be the step needed to help supercharge private 5G deployment,” O’Rielly said. “Now we get to see if the market agrees.”