Helium is a way to build a decentralized wireless infrastructure.
People’s Network is the world’s first peer-to-peer wireless network that provides a secure and cost-effective way to send data to and from the Internet of Things (IoT) for low-power devices.
Helium Systems Inc. began operations in 2013 and is headquartered in San Francisco, California. It was created as a response to the exponentially growing internet for things market which needs a simple solution to transfer data over internet connected devices for things to be used by intelligent applications.
Mining HNT (Helium Network Token) is done by installing a simple device (iHub) in the window of your office or home.
It’s that simple!
The mining of Helium via the iHub hotspots is made possible by a new concept in cryptocurrency mining called Proof-of-Coverage (PcC). Bitcoin uses Proof-of-Work (PoW). Helium has published its white paper defining its Helium Network Token and Helium Blockchain to specifically serve the vision of creating a LongFi peer-to-peer global network by combining the IoT-adopted LoRa radio standard with their Helium Blockchain. Hotspots provide wireless coverage for millions of nearby devices.
A short video explaining how the Internet of Things (IOT) works. You can turn on subtitles in other languages (settings >> subtitles >> translate automatically).
Below is a short animated video explaining how it works:
What is Helium?
Helium (HNT) and Data Credits
Webinar with Michael Stern, one of the founders of iHub Global:
Is it safe? Will it spy on me or collect my data?
Hotspot is safe and will not spy on you or collect your data. Hotspots cannot, nor will they ever be able to access any other devices on the network.
Who wants more security and certainty can use a router for isolation. An article on how to make sure devices cannot see each other on the network.
Another option is to have a separate router just for the IoT network that other devices don’t use.
IHub Global hotspots are free, but due to transfer between countries / continents, additional costs may (do not have to be), such as customs duties or other taxes. These additional costs are independent of the company and result from legal conditions. Therefore, this information is included when ordering each iHub hotspot for which you consent.
Building a hotspot network, and that’s what we’re focusing on right now. From that VERY !! will depend on the benefits in the next phase. And that is why it is a business for Partners who will build a network and profitable business with their hard work, rewarding their work well.
We are reaping the benefits of the hotspot network.
Understanding teamwork and how leverage works is essential. It produces results.
It depends on many factors.
iHub hotspots work best when they are in direct contact with other hotspots between 300 and 1000 meters away.
It is needed, among others to confirm that the devices are really where they are assigned and that they are real. This is the Proof-of-Coverage method (not to be confused with the “mining” of, for example, Bitcoin using the Proof-of-Work method.
Conclusion: if you only think that you will order a device and you are in a place where there are no devices (min 2) in close vicinity or you do not intend to build this network, it will not work and it is possible that the company will not even send to You of this device. There is no interest in this for each side as you would also not be satisfied with the amount of HNT mining.
Now you have to build a network here and then you will be able to make a specific profit!
There are people who show that if you have 35 invited people / hotspots that are properly placed and receive equipment from the company, you can earn about $ 15,000 (this is not a promise or a guarantee) per month (with today’s Helium value), so yourself answer whether it is worth sacrificing and acting in order to reap quite measurable profits later.
How much can you earn from your own hotspots?
This can be checked in the HELIUMTRACK application, which you have access to after creating a free account:
After providing the exact address, the application will evaluate the potential of this location.
The Helium network is not fully developed yet, so there are places where earnings can be very low, or even zero, because the hotspot network in your area is zero. This is great news because it creates an opportunity for you to build a profitable business not only for you, but also for others. Refer your friends to iHub and create a network together
you can earn money together. This is the situation at home in Dar es Salaam and throughout Tanzania.
There are places where the Helium network is extensive and hotspots earn quite decent. the amounts can range from a few HNT to even 100 HNT, which at a price of around USD 15 per item (August 8, 2021) gives you USD 1500 per month. You get 25% of it. This is not a promise or a guarantee, it is a potential that is obtainable under certain conditions.
Own hotspot versus recommendation
You can only own the device and pay a lot of money for it (up to $ 500), but there’s no business involved. Here there are much more opportunities that iHub Global gives us, namely the referral program, which earns a very good profit.
For example, from direct referrals you can earn up to 20% of the HNT profit of their hotspots, which in the case of only 5 people gives you 100% of earnings!
Think about whether it is better to own a device from which you have all the profit for yourself, but you have to buy it, worry if someone around you will also have it for you to create a network and you are still not sure if you will make money or it is better to have the device for FREE, where is the profit sharing, but do you create a common network and enjoy profits from multiple tiers?
IHub Global Business Model Launches Global Business Totally Free !!
NOTE: even if your hotspot is busy, or it will earn a small amount of HNT due to the lack of hotspots around, you can still build a business with ZERO CONTRIBUTION !!
When the network is created, people in your structure will receive their devices, and you have, for example, several hundred people from around the world and you get 20% + 15% deep profit from their output, imagine what the potential is here.
Do you understand this potential? Use it.
PS The inspiration was Krystian Burdzy’s entry on the private group iHub Hotspot Polska on Facebook. Regards and thank you.
** The information provided on the website are not an investment advice, they comes from the project’s source materials, corporate and partner presentations and my work with the project. They were presented according to my current knowledge and experience.
Risk and profit
Every businesses and new opportunities involve a risk. The greater the input (resources, work), the greater the risk but also the greater the potential profit.
Lost opportunities are also a risk.
Think! and analyse what you (don’t)choose.