Bandwidth sharing with Honeygain - Make passive income with your resting devices
What is honey?
If you have extra bandwidth each month, Honeygain wants to pay you for it. Of course, it's not that simple. The company pays users to share their internet connection with other companies for a variety of reasons that I will cover later.
Honeygain has a proxy network that allows businesses to connect with users. You get paid for each gigabyte shared. The idea is to use your connection when it is idle, such as when you are at work, shopping, or on vacation.
If you have a limited plan but only use a few gigabytes out of 20, 30 or more, sell the rest. Just register, create an account (available hours and data) and start earning. Of course, you need a high-speed internet plan to use the service.
There are various ways to earn, such as bonuses for providing additional services through your network. They are not required, but they can increase your passive earning potential.
How does Honeygain work?
Honeygain is an application that can be downloaded for Windows, macOS, Linux, Android and iOS. You can use the application on multiple devices to allow clients to access different IP addresses.
You have full control over when you access your devices and how much data is available for use. You don't have to worry about viewing your data plan.
Honeygain's customers are companies all over the world that need Internet access from different IP addresses for marketing, SEO, crowdsourcing to bypass location restrictions and bypass censorship issues. There are a surprising number of use cases, and Honeygain says the company approves each individual use case for each customer to keep users safe.
When a company decides to access your connection, it has full access to your IP address and idle network connection. However, they cannot access the data on your device. When using Honeygain, the service has access to your email address, payment details (to pay), device details (operating system, model, IP address, location, charge status) and general network data.
A common misconception is that you only get paid for signing up and choosing what and when you want to share. That's not how Honeygain works. You only get paid when the company uses your connection. If no one connects, you won't get paid.
Although Honeygain works worldwide, payments are limited to PayPal and Bitcoin. This means that if your country does not support PayPal, you can only pay via Bitcoin.
What are the use cases for Honeygain?
While all of this may answer the question "What is Honeygain", it does not fully explain how and why businesses will even need your Internet connection. Usually it's about research. According to the Honeygain website, "The Honeygain network is used by researchers from e-commerce, advertising and web analytics companies."
This, however, still does not fully describe the use cases. Here are some of the main reasons why businesses want to access IP addresses around the world:
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Fight against fakes - Everyone has seen cheap fakes of expensive brands. However, if these counterfeits use the brand name falsely, it can ruin the brand's reputation. The amount of data needed to search the Internet for counterfeit products is huge, so companies outsource crowdsourcing for those who want to share their connections.
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Price comparison - Prices vary in different locations, especially when it comes to travel. Many travel agencies and companies compare prices to find the best possible price for their customers by accessing sites that use different IP addresses. For example, they can search for prices based on a different city or even a different country.
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Handle SEO Monitoring - Optimizing your websites and ad campaigns is critical to reaching businesses' audience. However, search results are often personalized based on location. By accessing search results from a variety of locations, businesses can better tailor their SEO strategies to better perform globally and in specific markets.
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Prevent Ad Fraud - Hundreds of millions are spent on digital ads each year and the number continues to grow. It's natural for businesses to want to make sure their ads are showing when and where they should be. Honeygain's proxy network allows businesses to easily verify ad placement.
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App Testing - By simulating traffic from different countries and checking localization results, application developers can make sure people worldwide will experience the content exactly as they should.
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Content Delivery - While this may also involve market research, companies also use content delivery networks to collect data, protect intellectual property, and aggregate data for their own customers/audiences. This could mean searching petabytes of data on a regular basis.
How to make money with Honeygain?
There are several different ways you can earn from Honeygain. They are all similar and rely on connection sharing. However, some are only intended for a certain subset of users.
1. General connection sharing
This is the simplest and most popular method. New users usually get a sign-up bonus, so you get paid at the very start. This is quite common with passive income websites / businesses.
Honeygain pays users $1 for 10 GB of data. You earn credits, which you then convert to get your paycheck. The minimum payout is $20 which is equivalent to 20,000 credits. Your dashboard will show you the current total of your earnings.
The Honeygain home page includes a slider to estimate how much you can earn per month. Remember, this is an estimate. Your final earnings are based on your actual data usage.
2. Refferals
If you've recently received an invitation from a friend, this could be the reason you wonder what Honeygain is. Like most bonus income sites, you can refer others. If they follow your link, you'll receive a one-time referral bonus of $5 and a lifetime commission of 10 percent on their earnings.
Also you can get additional 500 Honeygain credits by inviting friends! Your friend has to join Honeygain & gather at least 2GB until Oct. 31, 2022.
3. Content Delivery
Since content delivery uses a lot more data, companies are willing to pay more for the service. You don't need to turn on content delivery, but if you do, you'll get six credits for every hour of active connection. According to the Honeygain Estimator Tool, four hours earns you $1. It is also only available in certain countries.
4. Honey Jar
Earning through Lucky Pot is all about chance. This is a daily lottery where you can earn up to $10 a day. As long as you are an active user, you will see an icon in the dashboard to try your luck. You have nothing to lose, and even if you don't win much, you can still win a small amount of credits that add up.
5. Swarmbytes
If you are a large-scale user with access to more than 10 IP addresses, you can take part in Swarmbytes. This requires a separate application, and you need to configure the server to manage everything.
Overall earnings
The maximum amount that average users can earn per month is $67 (excluding Lucky Pot). This requires companies to use 20 GB of data a day and provide a content delivery service 24 hours a day, 7 days a week.
Is Honeygain legal?
Yes, Honeygain is legal. It shares the connection, and only as much as you allow. It also pays its users and provides a detailed help section and customer service. The company is also honest about the information it collects and the reasons it collects it, such as your location.
Honeygain, on the other hand, does not reveal any customers, which is legitimate. This means that you need to carefully consider what types of businesses are using your IP addresses. However, Honeygain says the company is constantly monitoring how companies are using the service. In addition, companies and use cases must be approved before starting.
What else should you know?
You can connect up to 10 devices at a time and only one device per IP address. For most users, this shouldn't be a problem.
You also need to stay active on the platform. If you are inactive for more than six months, your credits will expire and your account may be deleted.
You can't use a VPN while using Honeygain, as it changes your location data. You must use your home IP address. In addition, there is a chance that your IP address could be blocked by some websites as a VPN. This is especially true for sites that don't allow the use of a VPN.
Finally, you may be asked to tackle more annoying CAPTCHAs, especially in search engines. This is because the amount of traffic going through your connection can make you look like bot versus human.
What are the general advantages and disadvantages?
As with any passive income source, there will be pros and cons. The main advantages and disadvantages of Honeygain are:
Pros :
Easy to install and configure
Detailed help and easy access to customer support
A legal way to earn extra income
Full control over the amount of shared data
Cons :
It takes a while to reach the minimum payout of $20
Uses data quickly
It can drain your batteries quickly, so keep your devices connected
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Are there any alternatives to Honeygain?
If you're just starting out to share your internet connection for passive income, you're probably wondering if there are any alternatives to Honeygain. There are actually:
EarnApp - ($0.30-0.45/GB) - Article
Peer2Profit - ($0.8/GB - Residential, $1/GB - Celluar)
PacketStream - ($0.10/GB)
IP Royal Pawns - ($0.20/GB)
Since you never know when a business can connect to your network, you can sign up with all three to maximize your earning potential.
Final thoughts
If you've been wondering what Honeygain is, now you know. It won't replace your daily work, but if you have unlimited data or big limited plans you don't use, sharing your connection can get you a little extra money each month. If you've tried Honeygain, please let us know in the comments what you think about it so far.
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