{"id":164531,"date":"2021-01-28T00:15:56","date_gmt":"2021-01-27T21:15:56","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/iot-growth-partnerships-ease-of-mining-drive-helium-hnt-price-higher\/"},"modified":"2021-01-28T00:15:56","modified_gmt":"2021-01-27T21:15:56","slug":"iot-growth-partnerships-ease-of-mining-drive-helium-hnt-price-higher","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/iot-growth-partnerships-ease-of-mining-drive-helium-hnt-price-higher\/","title":{"rendered":"# IoT growth, partnerships, ease of mining drive Helium (HNT) price higher"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a4153993be74\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a4153993be74\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/iot-growth-partnerships-ease-of-mining-drive-helium-hnt-price-higher\/#A_growing_network_of_nodes\" >A growing network of nodes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/iot-growth-partnerships-ease-of-mining-drive-helium-hnt-price-higher\/#Easy_node_operation_for_passive_income\" >Easy node operation for passive income<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/iot-growth-partnerships-ease-of-mining-drive-helium-hnt-price-higher\/#New_partners_join_the_network\" >New partners join the network<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># IoT growth, partnerships, ease of mining drive Helium (HNT) price higher <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-5a136f3a>Helium (HNT) is a decentralized blockchain-powered network designed to allow low-powered wireless devices to communicate with each other and send data across its network of nodes.<\/p>\n<p>Since July, 2020, Helium\u2019s native token (HNT) has increased 550% in value from $0.35 to a 2021 high of $2.25 on Jan. 25 as fundamentals for the network continue to improve. <\/p>\n<p>Three reasons why HNT is poised for continued growth are the increasing size and coverage of its node network, the ease of running a node for passive income, and the growing number of partnerships Helium has brokered.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-01\/1faa4e70-4dbd-4da4-999d-504e7d1e0e6c.png\"><figcaption style=\"text-align: center;\"><em>HNT\/USDT 4-hour chart. Source: <\/em><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/x\/6nWxuARg\/\"><em>TradingView<\/em><\/a><\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"A_growing_network_of_nodes\"><\/span>A growing network of nodes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Helium was founded in 2013 by Amir Haleem, Shawn Fanning and Sean Carey with the goal of creating a \u201cPeople\u2019s Network\u201d specifically designed to improve the communication capabilities of wireless Internet of Things (IoT) devices. <\/p>\n<p>Since launching its mainnet in July 2019, the network has seen steady growth in the number of active nodes and companies utilizing the Helium blockchain for IoT data transfers.<\/p>\n<p>Data from Helium\u2019s website shows there were 3,271 active hotspots at the end of April 2020. As of Jan. 26, there are 17,178 active nodes, a 525% increase over the last 9 months.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-01\/f0e64d4d-eecf-4ee5-b12a-ea8613a05390.png\"><figcaption style=\"text-align: center;\"><em>Helium network coverage map. Source: <\/em><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/explorer.helium.com\/coverage\"><em>Helium<\/em><\/a><\/figcaption><\/figure>\n<p>Demand for hotspots was so great that Helium sold out of units in North America and Europe, prompting several companies to create compatible devices like the RAK hotspot miner or the Bobcat miner from EasyLinkIn. <\/p>\n<p>The emergence of multiple companies offering hardware that is compatible with the Helium network bodes well for the continued expansion offered by the company.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Easy_node_operation_for_passive_income\"><\/span>Easy node operation for passive income<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Setting up a cryptocurrency mining rig or operation is no easy task. The technical know-how is high and the funds required to develop new mining equipment that is energy efficient is quickly pricing out the average miner. <\/p>\n<p>HNT miners only need an internet connection, a smartphone and a hotspot miner. The hotspots are a combination of a wireless gateway and a blockchain mining device that allow users to mine and earn rewards in the form of the native HNT token. The ease of mining HNT is likely one of the driving forces behind the network\u2019s adoption.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"New_partners_join_the_network\"><\/span>New partners join the network<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Aside from price action, engagement with the actual project and its blockchain is fundamental to the success of any blockchain network. The cryptocurrency sector is full of \u2018ghost chains\u2019 that have little to no activity on them to justify the value of their tokens and aside from bot-driven trading, many of the projects are illiquid. <\/p>\n<p>A quick glance through Helium\u2019s <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> feed indicates that the engagement on the network is seeing steady growth as new partners are added to the network on a weekly basis. <\/p>\n<p>Some of the recent partnerships include Nobel Systems, a company that hosts a parking <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a> that monitors parking spot availability, and Airly, a company that operates a system that monitors global air quality. Helium also formed a partnership with NOWi, a company which operates a network of sensors that alert property owners when leaks and abnormal water use is detected. <\/p>\n<p>The use of IoT and smart devices is likely to increase in 2021 and Helium\u2019s numerous new partnerships and the strong performance of HNT indicate that the project is well positioned to take advantage of this trend.<\/p>\n<p class=\"post-content__disclaimer\">The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.\n<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/iot-growth-partnerships-ease-of-mining-drive-helium-hnt-price-higher\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# IoT growth, partnerships, ease of mining drive Helium (HNT) price higher &#8221; Helium (HNT) is a decentralized blockchain-powered network designed to allow low-powered wireless devices to communicate with each other and send data across its network of nodes. Since July, 2020, Helium\u2019s native token (HNT) has increased 550% in value from $0.35 to a&#8230;<\/p>\n","protected":false},"author":1,"featured_media":164532,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDEvZjgyZjc2MDktNDYyNC00ZTI1LTkyYzEtNGU1NTZmNTAxMjk2LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,88119,74894,74863,91100,75042,79290,73785],"class_list":["post-164531","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-altcoin-watch","tag-blockchain","tag-cryptocurrencies","tag-iot-miners","tag-mining","tag-iot","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/164531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=164531"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/164531\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/164532"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=164531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=164531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=164531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}