FAQ

What Is Helium?

Helium is a better way to build wireless infrastructure.

The People’s Network is the world’s first peer-to-peer wireless network that provides a secure and cost-effective way for low-power Internet of Things devices to send data to and from the Internet.

Helium is a global, distributed network of Hotspots that create public, long-range wireless coverage for LoRaWAN-enabled IoT devices.

Hotspots produce and are compensated in HNT, the native cryptocurrency of the Helium blockchain. The Helium blockchain is a new, open source, public blockchain created entirely to incentivize the creation of physical, decentralized wireless networks.

Today, the Helium blockchain, and its tens of thousands of Hotspots, provide access to the largest LoRaWAN Network in the world.

What Is Helium Blockchain?

The Helium Blockchain is a new blockchain built from the ground up to incentivize the creation of decentralized, public wireless networks.

It’s based on a new, novel work algorithm called Proof of Coverage, and rewards miners in HNT, the native token of the Helium blockchain.

Officially launched on July 29, 2019, the Helium Blockchain is now running on over 20,000++ Helium Miners across the world; and powers the largest, public, decentralized LoRaWAN Network in the world.

What Is Proof-of-Coverage?

Proof-of-Coverage is a unique work algorithm that uses radio waves to validate Hotspots are providing legitimate wireless coverage.

For this validation work Hotspots can earn HNT by verifying network transactions, adding new blocks to the blockchain, and performing other tasks.

Put another way, PoC tries to verify, on an ongoing basis, that Hotspots are honestly representing their location and the wireless network coverage they are creating from that location.

What Is Long-Fi?

LongFi combines the LoRaWAN wireless protocol with Helium blockchain so any LoRaWAN device can transfer data on the Helium Network.

LongFi delivers roaming capabilities and supports micropayment transactions so customers only pay based on network usage without needing to deploy gateways or network servers.

New Kind of Crypto-Miner?

Mining HNT is done by installing a simple device on your office window. That’s it. Seriously.

Hotspots provide miles of wireless network coverage for millions of devices around you using Helium LongFi, and you are rewarded in HNT for doing this. And because of an innovative proof-of-work model (we call it “Proof-of-Coverage”), your Hotspot only uses 5W of energy.

The Original?

Over 20,000 Helium Hotspots have been sold to 2,000+ cities. It was the first HNT Miner to deliver a friendly aesthetic and simple user interface.
Launched in 2019, and originally exclusively sold to US customers, the Helium Hotspot is the original HNT Mining device. The goal of the Hotspot was to show that mining equipment can be simple to operate and provide innovative utility, in building The People’s Network.

Boasting a simple, striking casing, the Helium Hotspot is controlled and managed using the Helium App for remote monitoring of earnings and status.

The Helium Hotspot is now sold out for both North American and European customers. Asia is our new target area.

Five-Ways of Earning?

Helium can be earn by.

1. Proof of Concept.
Hotspots on the network are randomly and automatically assigned Proof-of-Coverage tests to complete. Passing and witnessing tests earns HNT.

2. Delay Device Data.
Hotspots earn HNT for transferring device data over the network. The more device data a Hotspot transfers, the more it earns.

3. Consensus Group.
Trusted Hotspots are randomly elected to Consensus Groups, earning HNT by validating transactions and adding blocks to the blockchain.

4. Challenges.
Hotspots are chosen by the network to issue challenges, encrypted messages over the Internet, to a target group of Hotspots. Challenges are used by Proof-of-Coverage to validate wireless coverage. Hotspots can issue challenges from any location, not just to local Hotspots.

5. Witnesses.
Hotspots that monitor and report Proof-of-Coverage activity (beacons) of other Hotspots receive a portion of HNT depending on how much activity they’ve witnessed, and the reward scaling of the Challengee.

The Value of HNT?

Millions of compatible devices can use The People’s Network and each device requires Data Credits (DC) in order to send data to the Internet.

Fixed in value, DC are created by ‘burning’ HNT, reducing the total supply to achieve a Burn and Mint Equilibrium. The more devices using DC, the more HNT will be burned.

What Is HEC100?

HEC100 is a cloud Helium $HNT Mining subscription services. It was designed to be easy to everyone to mining Helium HNT without owning a Helium Hotspot. It takes just a couple of hours to start mining your own HNT coin.

Package Value: HEC USD100
Total Mining Reward: $HNT  USD180
Total Weekly Reward: 52 Weeks
*** Paid in HNT coin upon withdrawal request to your HELIUM Wallet

What Is HEC500?

HEC500 is a cloud Helium $HNT Mining subscription services. It was designed to be easy to everyone to mining Helium HNT without owning a Helium Hotspot. It takes just a couple of hours to start mining your own HNT coin.

Package Value: HEC USD500
Total Mining Reward: $HNT USD1100
Total Weekly Reward: 52 Weeks
*** Paid in HNT coin upon withdrawal request to your HELIUM Wallet

What Is HEC1000?

HEC1000 is a cloud Helium $HNT Mining subscription services. It was designed to be easy to everyone to mining Helium HNT without owning a Helium Hotspot. It takes just a couple of hours to start mining your own HNT coin.

Package Value: HEC USD1000
Total Mining Reward: $HNT USD2500
Total Weekly Reward: 52 Weeks
*** Paid in HNT coin upon withdrawal request to your HELIUM Wallet

top