Mining is a byproduct of the real value, which is offering worldwide communications to edge devices. Why? Because the long term value of the crypto is tied to the network’s long-term performance. I would suggest not using current earning potential as an indicator of investment. I hesitated to put this in the article because it’s highly variable and can change often. You can check to see where existing Match X miners are located here Average Earnings for Helium and Match X The Discord is active, and questions are answered quickly by the devs. However, this may change as Match-X grows. The smaller footprint means that there is a smaller following on Discord, and their forum seems to be less active. Currently, the network has 3,400+ miners deployed. On the other hand, Match X is trying to play catch-up. Currently, 5+ thousand miners are on backorder with many more to be made. The Helium Network is rapidly expanding, and they are allowing third-party vendors to develop miners to fill the gap. The Discord is constantly active, and there is a subreddit as well. Many of community members are participating in improving the network - either by commenting on HIPs, building edge devices, or educating others on proper antenna procedures. The community is extremely active, and Helium encourages involvement. Helium currently has about 15+ thousand miners, many of them already providing coverage across the country. Community Involvementīoth Helium and Match X each have their own forums, subreddits and GIT pages, although the activity on them is different. The blockchain rewards Helium miners with standalone crypto known as HNT, while Match miners are rewarded with MXC.Īlthough there are many similarities, there are significant differences too, and I think one may have a clear advantage on their chance at success. Investors who purchased miners have rewarded cryptocurrency for providing the wireless backhaul for data transmission of their clients. Both Networks are Leveraging Blockchain and Cryptocurrency Technologiesīoth Helium and Match X are utilizing the blockchain to build a decentralized communications platform. LORA enables low-power devices like water meters, streetlights, farming equipment, etc., to transmit information back to the cloud without all of the downsides of traditional communication networks covered below. But that doesn’t mean there isn’t value in LORA it was designed to transmit information over long distances, usually for IoT devices. LORA is exceedingly slow by today’s standards and is not suited to transfer images or other rich media content that the internet uses. Locked Down – Cellular networks are very picky on what devices they allow on their networks and often require expensive certification processes before they are allowed on the networksĪre Helium & Match X are Both Trying to Fill the Same Niche?īoth networks rely on LORA technologies to transmit data (although Helium confusingly calls their version LongFi), which has a maximum transfer rate of 27kbps.Expensive– these networks have high costs to use and require devices to pay an upfront fee to use regardless of data usage.Cell networks’ greatest advantage is that it gives users the flexibility to operate across the country. The signals are also sent over a congested spectrum.Ĭellular Networks rely on a private company to provide you wireless coverage using cell towers.
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