Telecoms, Datacoms, Wireless, IoT


Powering LoRa through crypto-mining

28 February 2022 Telecoms, Datacoms, Wireless, IoT

The Sensecap M1 LoRa gateway adopts a crowdfunded networking approach, with the addition of Helium crypto-mining taking place in the background.

Worldwide deployment stands at roughly 600 000 Helium mining gateways, with the vast majority being in Europe and the USA, making Africa, and in particular South Africa, prime growth territory. For this reason, says local distributor, Otto Wireless Solutions, the uptake of the Sensecap M1 gateway has been unprecedented, as they are affordable, with proof of coverage being the only current requirement to start earning crypto currency. Very simply, the user can plug the indoor gateway into an Internet connection, register via the app, and start earning.

What makes this solution attractive is its ability matched with Otto Wireless Solutions’ high-gain 11 dB omnidirectional ‘cryptenna’ branded antenna to create a sensitive LoRa hotspot able to accommodate future nodes, thereby boosting crypto revenue for gateway owners. With this combination, a household is able to plug the Sensecap M1 gateway into its existing fibre or LTE router and run a cable to an externally mounted antenna, resulting in generation of Helium crypto income with minimal time and effort.

At the heart of this approach by Helium is its drive to be the number 1 supplier of LoRa in the world, through this innovative crowdfunded approach. Ultimately, it hopes to fuel and enable the Internet of Things via the Helium network. Hot on the heels of Helium is the MXC token crypto miner from MatchX, taking much the same crowdfunded strategy.

Both these LoRa service provider models are enabling more rapid network deployment worldwide, compared to the establishment of a local entity in each country along with the identification of sites and overhead expenses for Internet connectivity.

Incorporating household participation, coupled with the monetary reward of crypto-currency mining, is increasingly being seen as the future of network development, and this divergence from traditional norms makes the concept highly attractive to many individuals.


Credit(s)



Share this article:
Share via emailShare via LinkedInPrint this page

Further reading:

Module combines 5G and NTN support
Quectel Wireless Solutions Telecoms, Datacoms, Wireless, IoT
Quectel Wireless Solutions announced the launch of its BG770A-SN ultra-compact 5G-ready satellite communication module, compliant with 3GPP releases 13, 14 and 17.

Read more...
Scalable and secure IoT device onboarding and management
Telecoms, Datacoms, Wireless, IoT
EasyPass is an enhancement within Cambium’s cnMaestro platform, aimed at providing local businesses with secure, efficient, and scalable device management, making it ideal for high-demand environments such as educational institutions, retail spaces, and corporate campuses.

Read more...
SIMCom’s A7673X series
Otto Wireless Solutions Telecoms, Datacoms, Wireless, IoT
SIMCom’s A7673X series is a Cat 1 bis module that supports LTE-FDD, with a maximum downlink rate of 10 Mbps and an uplink rate of 5 Mbps.

Read more...
Non-terrestrial network module
Altron Arrow Telecoms, Datacoms, Wireless, IoT
Fibocom unveiled its MA510-GL (NTN), a non-terrestrial networks module which is compliant with 3GPP Release 17 standard.

Read more...
Cellular IoT connectivity via satellite
Altron Arrow Telecoms, Datacoms, Wireless, IoT
The Telit Cinterion cellular LPWA module will enable satellite data communication using the NB-IoT protocol, without any special hardware changes required for the integration of the cellular module in the customer application.

Read more...
Wireless module supports up to 600 Mbps
iCorp Technologies Telecoms, Datacoms, Wireless, IoT
Quectel’s FCU865R is a high-performance Wi-Fi 6 and Bluetooth 5.3 LCC package module which can be used for WLAN and Bluetooth connections.

Read more...
Unlocking the future of connectivity
Telecoms, Datacoms, Wireless, IoT
The battle for the 6 GHz spectrum band is heating up in South Africa, mirroring global debates on the allocation of spectrum between Wi-Fi and cellular operators.

Read more...
Quectel wireless module wins accolade
iCorp Technologies Telecoms, Datacoms, Wireless, IoT
The winners of the 2024 IoT Evolution 5G Leadership Award were recently announced, with Quectel walking away with an award for its modules which make 5G features more easily accessible for IoT applications, notably the company’s RG255C-GL.

Read more...
Innovative upgrade process for 2G/3G
Otto Wireless Solutions Telecoms, Datacoms, Wireless, IoT
What is likely to happen during the sunset period for 2G and 3G signals, especially on the back of already near-obsolescence of 2G network equipment, is for the availability of the connectivity mediums to begin to reduce between now and the shutdown date.

Read more...
RFID in aviation: the ultimate solution to baggage mishandling
Osiris Technical Systems Editor's Choice Telecoms, Datacoms, Wireless, IoT
Creating a solution that enables real-time tracking of airline baggage on a global scale seems like an impossible task when considering the number of airlines, airports, and passengers that flow through and between them.

Read more...