Today is Happy Podcast Day and a large Tip of the Cap to N2CQR who has had the SolderSmoke Podcast for over 2o years. Bravo Bill, and you can acclaim being on the leading edge with this media communication forum about our wonderful hobby. It has been a honor to ride along with you for a small portion of those 20 years!
The biggest selling (but not necessarily most commonly heard!) QRP transceiver kit would be the Pixie and its variants. Costing less than a takeaway burger meal, it's the cheapest transceiver kit available. The transmitter puts out a few hundred milliwatts CW on a single crystal-controlled frequency (often 7.023 MHz). The receiver is direct conversion with little selectivity. Performance could charitably be described as 'basic' but the design is ingenious, with many parts shared between the transmitter and receiver.
The first question to ask is whether you can make contacts with such a simple affair. The answer is 'yes', with hard work. I class the Pixie as a novelty project, purchased more for the fun of construction than its operating capability. However, if you're persistent, have a resilient sending wrist (for all the calling you'll do) and connect it to a full-sized outdoor antenna then you will work stations hundreds of kilometers away.
So how does the Pixie work? One transistor is connected as a 7 MHz crystal oscillator. It is continuously on, to generate the carrier on transmit and to provide the local oscillator for the direct conversion receiver. The second transistor is the RF final amplifier on transmit. On receiver it operates as a crude detector for the direct conversion receiver. The audio signal at the output of the detector is very low which is why the LM386 audio stage is there to provide some amplification. This is the only stage that operates on receive only.
Other parts of the circuit include the pi-network low pass filter and the transmit/receive frequency offset. The latter is required in all direct conversion CW transceivers and ensures that the transmitter carrier and receiver local oscillator frequency are slightly different so that incoming signals produce an audible beat note in the receiver...
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