PKT Pal Expands Its Crypto-Powered Wi-Fi Device Lineup With Launch of 'Mini'

Customers were able to deposit $99 to reserve the $499 device starting yesterday.

AccessTimeIconFeb 1, 2023 at 1:00 p.m. UTC
Updated Feb 1, 2023 at 5:06 p.m. UTC

Network technology startup PKT Pal has started taking pre-orders for its latest product, the “Mini,” a Wi-Fi hardware device that rewards users with a coin called PKT for sharing their Internet connection.

The device, which comes on the heels of a $5 million funding round led by Acuitas Group Holdings in August, will be shipped to customers as early as April, according to a press release.

Customers will be able to mine and earn PKT, a fork of bitcoin launched in 2019, every minute the Mini is connected to the internet. Customers also earn PKT from sharing their Wi-Fi with others.

The Mini, which retails for $499, has a larger and more expensive sibling, the “Cube,” which PKT Pal launched at the end of 2021 at a hefty $2,500 per device.

The PKT Pal business model resembles that of Nova Labs, the company behind the Helium blockchain, a decentralized telecommunications network powered by the HNT token. Josh Berger says PKT Pal’s focus on building high-speed networks for everyday use instead of low-speed networks for internet of things (IoT) devices, sets it apart.

“There's not a big market right now for IoT,” Josh Berger, co-founder of PKT Pal, told CoinDesk in an interview. “So when we created the PKT network, it was very much focused on a high-speed network that people could, you know, watch Netflix on.”


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Frederick  Munawa

Frederick Munawa was a Technology Reporter for Coindesk. He covered blockchain protocols with a specific focus on bitcoin and bitcoin-adjacent networks.