The Internet of Things (IoT) connects people, places, and products, and in so doing, it offers opportunities for value creation and capture. Sophisticated chips, sensors, and actuators are embedded into physical items, each transmitting data to the IoT network. The analytics capabilities of the IoT use this data to convert insights into action, impacting business processes and leading to new ways of working. In this blog post, let’s deep dive on a fastest growing IoT network and how a Helium IoT Miner can fuels the IoT adoption and growth.

Statista estimates that connected devices worldwide to amount to 30.9 billion units by 2025. With that the global IoT market to be worth $1,463.19 billion by 2027 at 24.9% CAGR and the demand for real-time Insights to spur growth, says Fortune Business Insights™.

Helium IoT miner decentralizes wireless networks

I got intrigued with IoT proliferation and gone down the rabbit hole of learning the ways to installing Helium IoT miner to try this stuff myself! This is exciting, but I need to start at the beginning. I’m a big crypto fan. I have been following the growth of Bitcoin and Ethereum for few years. In that time, I also learned about the underlying blockchain technology. So, when I started hearing about a new LoRaWAN network that uses blockchain technology,

As a quick refresher, LoRaWAN is a Low Power, Wide Area (LPWA) networking protocol designed to wirelessly connect IoT devices to the internet. It is an alternative to cellular technology (Cat-M and NB-IoT). It is gaining traction in agricultural, industrial, and other commercial IoT applications. The LoRa Alliance website is a great reference to learn more about LoRaWAN technology.

LoRaWAN has been around for a while; so, what’s different now and what does Helium bring to the party? 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.

To get into the weeds, one of the main challenges LoRaWAN operators face is the physical build-out of their public network infrastructure. This requires capital, which investors will only provide if they see an appropriate return on investment (ROI). The network build-out also requires time and effort to obtain the permits and approvals to locate the hotspots on buildings and street poles.

The Helium blockchain is an open-source, public blockchain that was developed to incentivize the creation of a physical, decentralized wireless network. Instead of building out the network themselves, Helium is paying individuals in cryptocurrency to operate the LoRaWAN hotspots. Genius! Hotspot hosts are paid in Helium Network Tokens (HNT). By having individuals across the globe build and run their network, Helium has eliminated the growth pain points mentioned above. This is a very creative way to use blockchain technology to support a global wireless network. And the business model is working! As of this writing, there are 130,000 hotspots around the world and growing rapidly at more than 5,000+ additions per day.

How Helium IoT Hotspot AT Home Mines FREE HNT Tokens

In my endeavor to explore installing IoT hotspot, I came across the iHUB miner hosting program that provide individuals with an opportunity to earn a percentage of HNT generated from simple low-power network devices in their homes or offices.

More information is available at: Get Helium IoT Miner

The launch of the new business opportunities is relevant to individuals looking for a passive revenue source and retail investors who are interested in participating in the early growth of a promising cryptocurrency.

HNT is a peer-to-peer cryptocurrency based on the Helium blockchain, which awards cryptocurrency based on its in-house hotspot and peer-to-peer LongFi wireless data transfer network. The system uses a wireless Internet of Things (IoT) device that enables miners to facilitate data exchanges on the Helium blockchain. Miners within the system use an internal non-transferable currency system called Data Credits to settle blockchain transaction fees. Data Credits are non-exchangeable and have a price fixed at $0.00001.

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iHUB partners with hosts under its Passive Income Generator Program, which will provide them with a complimentary IoT device. The device will deliver wireless hotspot coverage to facilitate data exchanges on the Helium network when they occur within range. As data exchanges are completed through the IoT device, investors are compensated with HNT cryptocurrency, which they can decide to hold as an investment or convert into cash.

The Helium IoT miner device has a straightforward installation process and is simple to use regardless of an individual’s knowledge of modern cryptocurrency systems. Hosts also have the option of purchasing the device for themselves after an initial 90-day period.

iHUB program is facilitated by iHub, an independent platform that acts as a host for the IoT device network and as a managing partner for affiliates. Join the Webinar to lean how you can host a Miner and own your piece of Network.

By deploying a simple device in your home or office, you provide your city with miles of low-power network coverage for billions of devices and earn HNT. The Helium HNT wireless hotspot IoT device can be purchased for $500+, is easy to install, and can generate daily HNT tokens as revenue. This is a new way to mine crypto.

In Summary…

The current market price of Helium miners are $500 to $1000. The catch is, post halving event with the monthly HNT supply capped at 2.5 million tokens, only 35% of which gets distributed to miners. With ~130k total miners, it takes 5 to 7 months to breakeven. iHUB has designed a HNT Mining program with a shared income model. Exploring this makes a perfect sense! Earn FREE HNT Tokens Daily With Helium Miner.

Interested parties can find more information on Getting an iHub Hot Spot for your Home or Office Today!

Disclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The Crypto market is high risk, with high-risk and unproven projects. Readers should do their own research and consult a professional financial advisor before making any investment decisions.

Recommended Reading: Crypto Real Estate: Full Or Fractional Ownership?

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