What do I need to have to host a hotspot?
What do I need to have to host a hotspot??
A router with secure WiFi capability, a standard power outlet, and an internet connection to your home or business. That's it.
What is the hotspot and how does it work?
What is the hotspot and how does it work?
The hotspot is a small hardware device that creates a large wireless network for devices that use The Helium network. Think of it like a Wi-Fi router, but for devices sending small amounts of data over long ranges. These devices are part of what's usually called the IoT — or the “Internet of Things.”
Common IoT devices that can benefit and actually use the network are all around you! Got a smart fridge? Yep, we connect that. Do you use a dog collar that helps track where your pet is, or a health tracker? The Helium Hotspot Network helps those function as well.
What is HNT?
What is HNT?
And why should I want to earn it? Helium Token, known as HNT, is how Hotspot owners are paid for building out the Network. HNT is a cryptocurrency designed specifically to serve the needs of the Helium Network ecosystem. HNT is your reward for being an active, valuable participant in the Helium Network. It's value is expected to appreciate over time with the development of the network and is easily converted to "real money".
How do I earn HNT?
How do I earn HNT?
You don't have to do anything except keep your device turned on at all times to ensure constant hotspot coverage. Your device gets rewarded for preforming certain tasks and transferring data in the background on autopilot. HNT is paid directly into your Online Wallet by the 10th of the following month for the previous month as per your commission %.
What determines how much I'll be paid?
What determines how much I'll be paid?
You will receive 25% of the HNT earned by your Hotspot every month. The FIAT cash value will depend solely on the HNT market price on a listed cryptocurrency exchange at any one time. A referral option may be available where you would receive an additional 10% HNT on any active referred units (subject to terms and availability in specific areas)
Is it safe, secure? Is it going to spy on me or collect my data?
Is it safe, secure? Is it going to spy on me or collect my data?
Yes, yes, no, no. The hotspot is safe, secure and will not spy on you or collect your data. The hotspots do not hold the capabilities to access any other devices on your network nor will they ever hold the ability to do so.
Can I use the hotspot in my own home for my devices?
Can I use the hotspot in my own home for my devices?
Yes, and no. Hotspots cannot be used as a WiFi router or WiFi hotspot, the network that's being created by the hotspot is for autonomous devices and sensors that simply need the internet to function. If your household has smart devices or smart sensors that are considered a part of the internet of things, like a smart fridge, water leak detector, smart smoke detector, and more; then the answer is yes. If you want to use a Helium hotspot for entertainment purposes like watching Netflix or Facebook, that is not possible and is not what Helium hotspots are designed to be used for.
Will it suck up my internet data or slow down my devices?
Will it suck up my internet data or slow down my devices?
No. Helium hotspots are designed for low-bandwidth devices or devices that use a very minimal amount of data. With over 500,000+ currently placed across the globe, there has been no complaints or issues in terms of internet speeds or slowing down other devices on the host's WiFi networks. On average the hotspots use as much data as any other idle smart device in your home.
Is this a long-term commitment? Are there hidden fees?
Is this a long-term commitment? Are there hidden fees?
No. By hosting the device you will receive commission in the form of the HNT the device earns. There is no long term commitment however why would you stop when you are receiving a continuous passive income? No hidden Fees - There is a one off payment of £295 to provide professional installation, alternatively there may be a FREE option available in your area where your personal earnings are delayed for an initial period in order to cover the above fee. After which 25% monthly HNT earns are heading your way.
