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Old 04-13-2021, 09:50 AM   #1342
Ozy_Flame

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Quote:
Originally Posted by underGRADFlame View Post
Anyone read up on Helium and the people’s network? I’m gonna take the leap and buy a miner. Friend of mine has purchased as well, now just waiting for it to show up.
I saw this, an interesting way to earn crypto - through wireless network hotspot broadcasting. Then connected devices burn HNT credits.

So you mine HNT with the provided device (just sits on your window), and devices connecting and using the internet create data credits out of the HNT.

I guess it's a way to control HNT "inflation" and reward heavier hotspots? Economies of scale, so to speak.

It seems quite complicated, but almost an ingenious way to build a grassroots wireless coverage network separate from traditional telecom companies.
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