Helium Hotspot Mining
Amount of HNT mined by Your Helium Hotspot has been designed based on these criteria. 1.CHALLENGERS: 0.95% Hotspots are chosen by the network to issue challenges, encrypted messages over the Internet, to a target group of Hotspots. Challenges are used by Proof-of-Coverage to validate wireless coverage. Hotspots can issue challenges from any location, not just to local Hotspots. 2.PROOF-OF-COVERAGE: 5.31% Hotspots earn a share of HNT for participating in Proof-of-Coverage and validating their peer’s wireless coverage. The amount each Hotspot earns depends on how often it is directly involved in Proof-of-Coverage activity. 3.WITNESSES: 21.24% Hotspots that monitor and report Proof-of-Coverage activity (beacons) of other Hotspots receive a portion of HNT depending on how much activity they’ve witnessed, and the reward scaling of the Challengee. 4.NETWORK DATA TRANSFER: 32.5% HNT is distributed to Hotspots that transferred data from devices on the network. The amount of HNT is ...