Introducing MNTD. — your gateway into the world of crypto. A new brand by RAKwireless
RAK Hotspot Miner
RAK Hotspot Miners earn HNT when devices connect, and for validating wireless coverage delivered by peers. Using a system called Proof-of-Coverage, RAK Hotspot Miners earn more HNT when they're in range of other RAK Hotspot Miners, but need to be at least 300 meters apart.
RAK, a pioneer in wireless end-to-end solutions and IoT technology, announces today the launch of its new company, MNTD. a crypto-hardware company providing easy-to-use mining products to consumers.
What IoT and blockchain technology have in common is that they’re both relatively new inventions that rely on distributed connectivity to function.
A Data Only Hotspot is a variation of Hotspots that can participate on the Helium Network by transferring data from the end devices (LoRaWAN nodes), they are eligible for Network Data Transfer Rewards but not Proof of Coverage Rewards.
The Helium network is expanding and at quite an impressive rate. With more than 70,655 active hotspots, it should come as no surprise that the load on each hotspot is increasing, and the blockchain sync time is increasing for all of these new hotspots.
The purpose of this article is to give the reader sufficient information in order for him/her to be able to confidently pick the right LoRaWAN gateway from RAKwireless' line of devices.
Despite global manufacturing and supply chain disruption, the renowned producer of IoT hardware and software tools has seen tremendous growth. The brand supplies technology to household name IoT devices such as Google Home, Amazon Alexa, and Helium-network compatible RAK Hotspot Miner.
RAKwireless celebrates providing 80% of Helium miners and the unprecedented demand for RAK hotspot miner, the only large volume output miner device available in the market.