While that sounds like a lot, people have been waiting months to get their own hotspots in order to add them to the network. According to Frank Mong, COO of Helium, some 60,000 new hotspots join the network each month. Hardware to join the Helium network has been difficult to find as folks eager to get into cryptocurrency try to buy them to mine Helium Network Tokens (HNTs) but run up against shortages in the chip supply chain. Last week, RAKwireless said it would create a new brand of Helium miner and hotspot called MNTD, while earlier this month a company called Mimiq said it would sell a consumer miner called Finestra as well as sensors that would use the Helium network.īoth companies said that when people purchase their miners they won’t have to wait too long for them to ship. Let’s focus on the chunk of news associated with expanding the network first. The Finestra miner from Mimiq sticks onto a window to mine tokens and transfer packets on Helium’s network. It has also expanded the ways people can participate in the network with the launch of two more Helium hotspots, as well as made it easier for anyone to participate in the network despite supply shortages. It has signed roaming deals with Senet and Actility, two big LoRaWAN network providers. I can’t help but be impressed by the speed at which Helium has managed to build out network coverage using a cryptocurrency as a way to prove coverage and incentivize random strangers to provide that coverage in a decentralized manner.Īnd in the last month, Helium has had five big pieces of news that signal its success in building out a network and finding customers for that network. For this story, I’m returning once again to talk about Helium’s low-power wide-area (LPWAN) LoRaWAN network. It seems like this week’s newsletter is all about networks.
0 Comments
Leave a Reply. |