, 2023-01-02 10:08:22,
The Helium Network is the first to introduce a wireless network to mine crypto. In this network, nodes act as hotspot devices, allowing HNT mining.
HNT hotspot mining became quite popular, but its profitability is diminishing gradually.
Crypto mining has been a lucrative way of earning passive income from the comfort of your home. It all started with Bitcoin and gradually reached several other mineable cryptos like Dogecoin, Ethereum Classic, and even Monero. The main reason behind the growth of crypto mining is its convenience and the fact that it doesn’t require significant investment capital. Over the years, many mineable cryptos came under the spotlight for being highly profitable, but none of them lasted for long. But in 2019, a new blockchain-based cryptocurrency called Helium network entered the market that created a hype around Helium miner.
The technology behind Helium mining
Helium Network has been offering a decentralized wireless infrastructure to mine HNT tokens and make profits. For this reason, helium mining has grown considerably since the day it first came out. The early adopters of helium mining fared better than most and set a record by gaining a substantial amount of HNT, the reward for mining Helium network.
This project exists as a scattered network (hence called the Helium network) where each and every node is a hotspot with LoRaWAN capability. LoRaWAN (long-range WAN) is one of the fastest-growing Internet of…
To read the original article from news.google.com, Click here