RAK Hotspot V2: Mining for Helium IoT and Srcful ENERGY (beta $SRC)

Helium IoT Mining

Key Features

• Focuses on building the Helium LongFi™ network for IoT devices
• Earns Helium IOT ($IOT) tokens through Proof-of-Coverage and data transfer
• Complete set-up easily in mere minutes using the Helium Wallet mobile app
• Helps build People’s Network by providing Helium LongFi™ network coverage

Srcful ENERGY Mining (Future Dual Mining update will add Helium IoT as well)

Key Features

• Currently: Contributes to the Srcful decentralized virtual power plant and earns only Srcful ($SRC) tokens
• Future: Will support dual mining of both $SRC and $IOT token rewards after automatic firmware update
• Earns Srcful ($SRC) tokens by sharing energy data from connected solar panels and batteries
• Purchasing this variant ensures priority access to dual mining capability when available

Important: Solar Inverter Requirement for Srcful ENERGY Mining

To participate in Srcful ENERGY mining, you will need a compatible solar inverter. The Srcful Energy Gateway is designed to connect Distributed Energy Resources (DERs) to the Srcful network and is compatible with a growing number of inverters.

Key Points

• A compatible solar inverter is required for Srcful ENERGY mining
• The gateway communicates with your inverter using Modbus TCP
• Compatible with many well-known inverter brands

For a list of compatible inverters and more detailed information, please visit: Srcful Documentation

Hotspot Details

Key Features

• Low Power Consumption: Uses only about 5 Watts of Power–less than your standard internet router
• Easily manage hotspots and tokens from the mobile app
• Business grade LoRaWAN Gateway with full radio Certifications backed by RAKwireless’ support and years of industry experience

LongFi™ Technology

Helium LongFi™ is a technology architecture that combines a leading wireless technology, LoRaWAN, and the Helium’s innovative blockchain-based approach. LongFi™ is optimized for miles of range, low power and data usage, and long battery life for IoT devices.

Proof-of-Coverage

RAK Hotspot V2 earns Helium IOT tokens both when devices connect and utilize its coverage and for validating the wireless coverage provided by other Hotspots. Using a system called Proof of Coverage, RAK Hotspots earn more HNT when they're in range of other RAK Hotspots, but need to be at least 300 meters apart.

Coverage range depends on the environment - for flat rural areas coverage can extend up to 10 miles or more, but high-density urban areas typically see coverage ranges up to a mile. Single RAK Hotspot V2 earn less as they can only issue Challenges over the internet, and can’t participate in Proof-of-Coverage.

Miles of Wireless Coverage

Key Features

• Deliver many square miles of coverage from a single RAK Hotspot V2
• Based on initial testing, only about 50 to 100 RAK Hotspot V2 are needed to provide complete coverage for large city

Connect Anything

Key Features

• Collaborate with others to create a new decentralized global network for billions of IoT devices
• Any IoT device can become Helium-enabled using readily available off-the-shelf hardware components, software, and a reference design that is open source for anyone to improve upon

Package Inclusions:

1unit RAK Hotspot V2

1pc LoRa Antenna

1pc USB C Power Adapter

1pc 32GB microSD Card

• Helium IoT Hotspot onboarding fee prepaid ($40)
• First location assert fee prepaid ($10)

Documentation

• RAK Hotspot V2 Datasheet
• Quickstart guide
• Troubleshooting Guide
• Maximizing Your Rewards with Helium Hotspots

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