How to Earn Passive Income Mining Crypto from an Internet Hotspot Sharing Device

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That’s correct, the title of this post is not an accident & actually brings in a killer passive income stream, which is both unique, easy, and on the forefront of cutting edge technology.

While the technology itself has been around for some time, the part which is new is the technologies purpose, monetization & rewards system, and method of application.

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Introducing the People’s Network:

Helium network is the world’s first and largest peer to peer hotspot internet decentralized structure..

Helium’s Technology allows anyone to build out massive, cost-effective wireless infrastructures in an entirely new business model that benefits everyone.

On a basic level, Helium is a decentralized wireless network for “internet of things” devices, powered by cryptocurrency.

The network is made up of devices called Helium hot spots, gadgets with antennas that can send small amounts of data over long distances using radio frequencies.

LongFi

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.

Helium Logo

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Build 

Use 

Resources Ecosystem

Helium Technology

Helium’s Technology allows anyone to build out massive, cost-effective wireless infrastructures in an entirely new business model that benefits everyone.

Blockchain 

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Proof-of-Coverage 

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LongFi 

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The Helium vision is the most ambitious we have seen in the blockchain space since the advent of smart contracts on Ethereum. Helium represents a fundamentally new approach—one with a radically reduced cost structure—to deploying and managing wireless networks at scale.

Tushar Jain

Multicoin Capital

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 Documentation

Private & Secure

Total encryption from Device to Cloud

Reliable & Scalable

Our blockchain makes scaling secure & easy

Open Source

Helium is committed to open collaboration

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. Read More

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. Read More

Explore the Network.

The People’s Network is the world’s fastest growing wireless network ever.View the Explorer

TOTAL HOTSPOTS

663,758

CIRCULATING HNT SUPPLY

114,847,674

LongFi

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.

DEVICE ROAMING

Devices can relay through every Hotspot in the network.

MICRO-PAYMENTS

Devices pay for access with Data Credits

LORAWAN SUPPORT

Any LoRaWAN device is compatible with The People’s Network

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How to Start Making Money from Mining Helium (HNT)?

First, we need to purchase a device capable of emitting a hotspot signal large enough for the network standards.

Conclusion:

To wrap things up, we need to put a bow on top…. Right?

What does that mean, I am sure your thinking.

References:

https://helium.com/

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