How To Earn Passive Income Using Your Internet Connection
Do you have an unlimited data plan? Or do you have a lot of unused data that simply expires at the end of the month? If you want to make money with your extra unused data, why not share it with others for a few dollars?
Here’s how you can do it with Honeygain and other tools.
What is honey?
Honeygain is an app that allows businesses to use your connection. Businesses can use your Internet through Honeygain’s proxy network for a variety of uses.
So, for every 10MB of data you share, you will earn 1 credit. To get paid, you must save 20,000 credits, which equals $ 20. So Honeygain pays you $ 1 per 10 GB of data used. The company also pays six credits per hour that the content delivery is active (we’ll get to that later).
Honeygain use cases
Businesses need a lot of bandwidth for legitimate and ethical purposes. Here are some examples :
In 2020, businesses spent at least $ 332 billion on digital ads. By 2024, that figure is expected to reach $ 526 billion. With the amount spent on digital ads, businesses need to ensure that their ad spend is not wasted.
Ad verification helps businesses track their ads. They use Honeygain’s network to browse petabytes of data online. Thanks to the proxy network, these companies can track their ads. They can make sure that the ad agency displays their ads correctly on a legitimate site.
Counterfeit items have always been a problem and have grown with the growth of e-commerce. This is why big brands must continually browse the internet to fight back.
However, this requires huge amounts of resources. You would need servers, gigabit internet, etc. Small brands and businesses can’t afford it.
With Honeygain, they don’t have to invest millions of dollars in equipment and expertise. They can protect their business using the app’s extensive network at a fraction of the cost.
Businesses sometimes need to crawl the Internet for bandwidth-hungry data. These include images, videos and audio. They do this either for research, data collection or even intellectual property protection.
However, some websites use geoblocking, which prevents access to users based in specific locations. So, if a Japan-based business wants to verify a website hosted in the United States, they cannot do so if Japanese users are blocked.
To work around this problem, companies use Honeygain’s network to access blocked pages. They can then use the high bandwidth capacity of content delivery to find large files.
It is also for this reason that content delivery is a special feature available only to desktop and laptop users. You must have a constant internet speed of at least 10 Mbps to run this service in the background.
Many e-commerce platforms, like ticketing websites, vary their prices depending on your location. For example, if you are based in New York, you will likely pay more for JFK’s plane ticket to Rome compared to someone from Charlotte.
Price comparison sites use Honeygain’s global network to find the best prices. By comparing prices from different parts of the world, you can get the best deal even if you are based in New York.
Search engine optimization (SEO) campaigns
Almost 20% of website traffic comes from search engine results. That’s why businesses are always on the lookout for data that will improve their SEO strategies.
To get accurate data, companies need to pull it together across different areas. With Honeygain’s global network, they can obtain geolocated data in specific regions. This allows them to understand local trends and tailor their websites based on localized data.
Is Honeygain Safe?
Whenever a business or app offers us money for resources, we are always wary of them. Are they really doing what they say they are doing? Are they using my system resources for malicious purposes?
According to Honey, everything they do is honest and with your knowledge. But when it comes to safety, it’s fine if you take everything with a grain of salt.
By checking the process logs and data usage, you can verify that the application is not using your hardware. This makes it different from crypto miners, which require system resources to function.
When registering for the service, Honeygain only needs your email and nothing else. And when it comes to payments, they are handled by a trusted third party, Tipalti. The app does not collect your data at all.
They even have an independent Data Protection Officer (DPO) within their team. The DPO ensures that the company complies with GDPR, CCPA and other privacy regulations.
Is Honeygain ethical?
Based on the company’s website, Honeygain claims that they only work with well-known and respectable companies. They also said they approved each use case individually. So even if these are existing Honeygain customers, each new use case must be approved.
Honeygain also says they are constantly checking all activity on their network. This ensures that their system is not used for harmful actions and that they can protect Honeygain users worldwide.
However, Honeygain does not publish the companies they work with. This is understandable in view of the confidentiality of matters. But, it would be better if the network providers knew who they are working with. Additionally, the ability to unsubscribe from a customer, if the user is uncomfortable with them, would be a welcome addition.
How much can you earn with Honeygain?
The payouts vary from region to region. It all depends on your region and current demand. Some places with high demand (between 2 and 3 GB per day) will allow you to earn up to $ 10 / month. However, other locations could barely go through 8 GB per month.
If you are in a high demand location and run the app on ten devices with different networks 24/7, you can earn up to $ 67 / month.
Control what you give
If you install Honeygain on your smartphone, you control how much monthly data to allocate. You can go to app settings to define what data you can share. Make sure you don’t overdo your monthly plan to avoid incurring additional charges!
When you install the application on your computer, there are no data limits. So if you’re on a metered home network, it’s best to run it on your Android phone instead.
The app also takes around 5% of your phone’s battery life as it is running in the background. If you need to save power, you can always turn it off in the settings.
Besides Honeygain, there are two other similar services. Packet flow and IPRoyal allow you to lease your bandwidth to their customers. PacketStream pays the same amount as Honeygain, while IPRoyal pays double at $ 0.20 per GB.
Honeygain and IPRoyal both offer an Android app, while PacketStream can only be run on a desktop computer. However, the best thing about these services is that they are not exclusive. You can sign up and run all three at the same time to maximize your passive earnings.
Honeygain is not a big money making app. It is there to allow you to earn small amounts over long periods of time. You only need to configure it once and then let it do its job in the background.
Don’t spend on computers, phones and Internet plans for Honeygain. You will not get your investment back. But if you want a surprise cup of coffee every month or so then install this app.
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