Helium IOT
The Helium Network allows for the creation and maintenance of a distributed wireless network by incentivizing participants to contribute resources and share the benefits. Scalable and Secure: The network leverages the Solana Blockchain, which is known for its high scalability, low latency, and robust security. Multi-Use Case Support: The Helium Network supports various use cases, including IoT devices through the LoRaWAN network and high-speed mobile connectivity via the 5G network. Incentivized Participation: The Helium Network employs a token-based system to reward participants and encourage network growth. Proof-of-Coverage (PoC): A unique consensus algorithm employed by the LoRaWAN and 5G subnetworks, which rewards participants for verifying wireless network coverage. The IOT token is the Governance token of the LoraWAN IOT Subnetworks, mined by IOT Hotspots through both data transfer proceeds as well as Proof of Coverage.
IOT
There are currently 433,210 active Helium IOT devices. The average device cost is $300.52, and the estimated daily earnings are $0.44.At this rate, the break-even point will be reached in 683 days.
Minable Devices
Device Map
Number of Devices
433,210
Number of Countries/Regions
107
Team
Fundraising
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Learn More
The Helium Network allows for the creation and maintenance of a distributed wireless network by incentivizing participants to contribute resources and share the benefits. Scalable and Secure: The network leverages the Solana Blockchain, which is known for its high scalability, low latency, and robust security. Multi-Use Case Support: The Helium Network supports various use cases, including IoT devices through the LoRaWAN network and high-speed mobile connectivity via the 5G network. Incentivized Participation: The Helium Network employs a token-based system to reward participants and encourage network growth. Proof-of-Coverage (PoC): A unique consensus algorithm employed by the LoRaWAN and 5G subnetworks, which rewards participants for verifying wireless network coverage. The IOT token is the Governance token of the LoraWAN IOT Subnetworks, mined by IOT Hotspots through both data transfer proceeds as well as Proof of Coverage.