SteveBeachy

SteveBeachy

Creating crypto content .


Helium Network : How Did Solana Mint 1M Helium Hotspots AS NFT's For $113 ?

15 May 2023 1 minute read 0 comments sjbeachy64

Photo by GuerrillaBuzz on Unsplash During the Helium Network migration to the Solana blockchain 1M hotspots were minted as NFT’s. According to Solana minting that many NFTs on the Ethereum mainnet would cost creators an estimated $33.6 million. Even...

The Helium Network DAO & SubDAO's

15 May 2023 2 minute read 0 comments sjbeachy64

A DAO is a decentralized autonomous organization. A DAO operates on a blockchain with no central leadership but instead is self-governing and operates independently through the use of smart contracts that execute community-made decisions. DAO member...

Helium Network : What To Expect The Day Of Migration To Solana

1 Apr 2023 1 minute read 1 comment sjbeachy64

The Helium Network migration to Solana is just weeks away with a firm date of April 18. The migration to Solana will take place beginning at 9 AM PST. The Helium team is holding a 24–48 hour window to complete the migration. Hotspots and LoRaWAN dev...

Balaji Srinivasan And His 1M dollar Bitcoin Bet : Why The Bet Is Not as Crazy as It Sounds

26 Mar 2023 2 minute read 0 comments sjbeachy64

Photo by Choong Deng Xiang on Unsplash If you are reading this you probably have heard of Balaji Srinivasan and his bet with James Medlock that the price of bitcoin will reach 1M by June 15 because of a rapid devaluation of the U.S. dollar. Sr...

Amid The Chaos Fidelity Crypto Quietly Goes Live

19 Mar 2023 1 minute read 0 comments sjbeachy64

Last week was a chaotic week for the banking industry. Over the last seven days the world has seen the failures of Silicon Valley Bank and Signature Bank, Switzerland’s central bank providing Credit Suisse with extra liquidity, and eleven big U...

Silicon Valley Bank : Traditional Finance and Crypto are Intertwined

18 Mar 2023 1 minute read 0 comments sjbeachy64

The crypto fallout from 2022 with Celsius, Voyager, 3AC and FTX continues to be far reaching and spreading to traditional finance. On March 8 Silicon Valley Bank surprised investors with news that it needed to raise $2.25 billion to shore up i...

Helium Network Migration to Solana Delayed Again

17 Mar 2023 1 minute read 0 comments sjbeachy64

Following a meeting of the community’s Readiness Working Group, the majority voted to shift the migration date forward to April 18.   Please see the Helium Foundation blog link below for all the details.   https://medium.com/helium-foundation/an-upd...

Helium Network Benefits of Running on Solana

12 Mar 2023 2 minute read 0 comments sjbeachy64

  In July 2019 the Helium launched it’s own L1 blockchain network designed to power IoT devices with wireless connectivity . At the time Helium was limited by the options for blockchain support when compared to today. No one could have predicted the...

Helium Network & The Upcoming IOT Token Airdrop

5 Mar 2023 1 minute read 0 comments sjbeachy64

  On March 27 the Helium blockchain will come to a stop. After the chain halt validators will stop producing blocks and transactions will not sync. A final snapshot of the blockchain will be taken after the migration of all accounts and tokens to th...

Helium Network : Why are 55% of Hotspots Offline ?

4 Mar 2023 3 minute read 7 comments sjbeachy64

The end of 2022 and the beginning of 2023 has seen a dramatic monthly decrease in the number of hotspots being added to the Helium network. There has also been an alarming increase of hotspots that are offline, 55% as of late February. As a hobbyist...