iHub Miner Hosting Program
New to iHub and Helium Mining and would like to be considered to host a PIG for FREE ($500 In Value) ? Great! ...
Passive Income Generator (PIG)
Here’s a list of common questions and information to help educate you before you decide to join The People’s Network.
Watch this Video First!
What is an IoT device?
And what sort of data will be sent through my Hotspot?
IoT stands for “Internet of Things.” And “IoT Device” is commonly used to refer to a new class of connected devices that sends small data (hundreds of bytes) over long ranges (miles) and that may require extended battery life (many months or even years).
So, IoT Devices are things like pet trackers, temperature sensors, motion detectors that are part of security systems, smart thermostats, bikes, scooters, and much more. These devices tend to send small amounts of encrypted data every few minutes. And when they do this on the Helium Network in range of your Hotspot, you will be there to provide wireless coverage for them. It’s a beautiful thing.
How much power does the Hotspot require?
And what will it cost me to run?
There is nearly zero power cost. The Hotspot uses a small amount of power, roughly 5W at peak. This is less than a standard LED light bulb. In a city like San Francisco, it will cost you less than $0.05 a day to run. In the average US state, the total power cost of running a iHub miner for a full year is about the same as big Starbucks Frappuccino - roughly $5 per year.
Why does the Hotspot need my Wi-Fi Network?
Will the Hotspot affect my internet quality and bandwidth?
No. The Hotspot uses very little data, and nearly zero compared to your other set of devices that are consuming 100s of GBs per month.
The Hotspot uses data to:
* maintain a view of the global Helium Network
* send and receive data packets for sensors that are in range and using your piece of the Helium Network
In both instances, the total amount of data usage is extremely small and will never affect your network quality.
How long does the Hotspot take to deploy?
Hotspots are usually deployed in 10 minutes or less.
What about Security?
Should I be allowing a random device access to home network?
This is the most common question. And for good reason.
Security of networks is our highest priority. Please refer to this Network Security overview for information on what we do to keep the Helium Network safe and protected.
Do I earn as a HOST?
What if I want to buy the iHub Miner myself?
As a host you have ZERO cost because we buy the hardware to place in your home of office. You earn 10% HNT of all the mining for the first 90 days (PASSIVE INCOME) with option to buy the miner. Every miner and location is different so earnings are not guaranteed or set but we specialize in building out areas to optimize every miner!!
Like mentioned the best part is you have an option after 90 days to purchase the miner and SUBSTANTIALLY increase your earnings! If you wish to continue on a host agreement then you may do that as well.
What is HNT?
And why should I want to earn it?
Helium Token, known as HNT, is how Hotspot Hosts are compensated for building out the Network. HNT is a new 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. Soon, operators of devices and sensors on the Helium Network will require HNT to send data across the Network. And when that happens, you’ll have the chance to supply it.
YES, I WOULD LIKE TO APPLY TO BE AN IHUB HOST!
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