San Jose, ‘Capital of Silicon Valley,’ Wants to Provide Internet to Low-Income Households Using Helium Mining
The California city of San Jose, sometimes called the “Capital of Silicon Valley,” plans to fund internet access for low-income families through HNT tokens mined on the Helium network, according to a city press release published on Thursday.
The pilot aims to give 1,300 participating households a one-time payment of $120 that they can use to pay for low-cost internet for one year.
To fund these one-time payments, the Mayor’s Office of Technology and Innovation will install 20 Helium-compatible Hotspots with volunteer residents and small businesses. The hotspots will mine HNT tokens for a pilot period of six months.
Helium aims to provide wireless connectivity that doesn’t rely on centralized wireless carriers. Instead, it aims to build a global peer-to-peer network of nodes that power Internet of Things (IoT) devices. The network includes over 200,000 nodes, according to the Helium website.
Helium mining devices use 5 watts of energy to provide long-range wireless access to devices around them while earning HNT tokens. This type of connection cannot support devices like laptops or smartphones, but can work for IoT devices.
The project is a partnership between the mayor’s office, Helium, and the California Emerging Technology Fund.
Helium raised $111 million in an August token sale.
Read more: A16z Leads $111M Token Sale for Helium’s HNT
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