Provide Network Coverage for Truly Passive Income: A Guide

Originally published at https://www.incomecraze.com on February 19, 2024.

The Helium Network offers a distinctive approach to generating passive income through cryptocurrency mining. Unlike traditional mining operations that demand substantial computing power, Helium mining primarily uses radio technology for expanded network coverage. In this comprehensive guide, we’ll explore Helium mining, the earning potential, and steps to get started.

Understanding the Helium Network

The Helium Network is a decentralized wireless network built on the concept of providing long-range, low-power connectivity for Internet of Things (IoT) devices. Think smart pet trackers, air quality sensors, and environmental monitoring tools. Here’s how it works:

• Helium Hotspots: The backbone of the Helium Network comprises physical devices called Hotspots. These Hotspots operate as network nodes, transmitting and receiving radio signals to provide wide-area network coverage.
• LongFi Technology: Helium relies on a unique wireless protocol called LongFi, a variation of LoRaWAN technology optimized for long-range communication and low power consumption.