Helium is a free app available directly from developer Jaden Geller's GitHub page. (Don't bother with the HeliumLift app from Geller in the Mac App Store. (Don't bother with the HeliumLift app. Download the latest version of Helium Subtitle for Mac - Floating subtitle player. Read 0 user reviews of Helium Subtitle on MacUpdate.
Now anyone can earn HNT for building out massive, cost-effective wireless infrastructures that benefit everyone.
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.
With a RAK Hotspot Miner, anyone can join The People's Network and provide hundreds of square miles of wireless network coverage, while mining HNT on the Helium Blockchain just as Helium Hotspots do.
RAK Hotspot Miners are as simple to set up as Helium Hotspots and can be onboarded using the Helium App.
Available to North America Customers and Pre-order for China/Asia Customers
Launched in 2019, and originally exclusively sold to US customers, the Helium Hotspot is the orignal 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.
How do I earn HNT?
Participants earn HNT by mining and building coverage for The People’s Network using compatible Hotspots.
Hotspots earn HNT depending on the type of work performed:
Proof-of-Coverage
Hotspots on the network are randomly and automatically assigned Proof-of-Coverage tests to complete. Passing and witnessing tests earns HNT.
Relay Device Data
Hotspots earn HNT for transferring device data over the network. The more device data a Hotspot transfers, the more it earns.
Consensus Groups
Trusted Hotspots are elected to the Consensus Group and earn HNT by validating transactions and adding blocks to the blockchain.
Why earn 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.
How are Tokens Earned?
Hotspots earn HNT for building and securing network infrastructure and transferring device data.
The amount of HNT distributed to Hotspots depends on the type of “work” they perform based on the value to the network. This validation of network contribution is accomplished by a new work algorithm called Proof-of-Coverage (PoC).
To participate in PoC there must be multiple Hotspots at least 300 meters apart in an area, but still within range of each other (up to many miles depending on environment). Single Hotspots earn less as they can only issue Challenges over the internet, and can’t participate in Proof-of-Coverage. After the first year, distribution amounts adjust.
1. Challengers: 0.95%
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.
Helium Pc App
2. Proof-of-Coverage: 18%
Hotspots earn a share of HNT for participating in Proof-of-Coverage and validating their peer’s wireless coverage. The amount each Hotspot earns depends on how often it is directly involved in Proof-of-Coverage activity.
3. Witnesses: 8.55%
Hotspots that monitor and report Proof-of-Coverage activity of other Hotspots receive a portion of HNT depending on how much activity they’ve witnessed.
4. Network Data Transfer: 32.5%
Download Helium App
HNT is distributed to Hotspots that transferred data from devices on the network. The amount of HNT is allocated proportionally based on the amount of data a Hotspot transferred.
Helium Desktop App
5. Consensus Group: 6%
All Hotspots have a score that increases or decreases based on their Proof-of-Coverage participation.
Helium App Backup For Pc
The highest scoring Hotspots are elected to the Consensus Group to perform tasks including validating transactions and publishing new blocks to the blockchain. Group members receive a portion of the 6% distributed to the Consensus Group.