Every 30 blocks make an epoch, and it is when an epoch is completed that the rewards are given to miners. Most of them use the LoRaWAN protocol (one of them uses 5G).Īs for block time, Helium aims at a 60-second block time. It already was said that it works with PoC and it uses radio signals.Īctually, the signal emitted by Helium hotspots is called Helium LongFi or simply LongFi. How mining worksīefore diving into the different options of hotspots that you can choose from, let’s understand how the mining of HNT works. Other companies can make their own hotspots and submit them for approval, though. ![]() Since right now Helium is still not approving DIY models, you should only acquire hotspots that figure in the list: There are plenty of models and you can learn which are the approved hotspot makers through Helium’s official website. The first thing you need to do if you want to mine Helium is getting a hotspot. Different from GPUs and CPUs which mine using processing power and consuming plenty of electricity, these hotspots use radio signals and mine through a consensus protocol called Proof of Coverage (PoC). The only way to mine Helium is through a hotspot. However, right now it is still not possible for people to enter the network without an official hotspot. The answer was given in late 2019, and Q1 probably meant early 2020. Soon you’ll be able to supply your own DCs, and build full miner hotspots.” Helium is currently supplying the DCs for all Hotspots joining the network. ![]() In that post, the dev explains that “This can’t happen until we release the data credit (DC) infrastructure” and “DCs are required for staking a hotspot to join the network. Building a hotspot is not easy but can save money if you know what you are doing. We will soon explain all about it.Īccording to an old answer by one of the devs to a post on Reddit, Helium should soon enough allow for anyone to build their own hotspots and get into the network. Right now, mining HNT requires you to get a hotspot approved by Helium. This, however, happened in earlier versions of Helium. If you look online, you will find people who successfully built their own hotspots and accessed the network. This, however, is something that can happen in the future. It is possible to build a hotspot to route data for LongFi devices, but you can’t build a hotspot that becomes a part of the blockchain and mines HNT.
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