When I was in college, one of the best ways to “make money on the Internet” was to install a toolbar that showed you ads while you surfed the web.
It was called AllAdvantage and as a poor college kid, it was a fantastic way to make money. We just left our computers on, installed software that would periodically move our mouse so the toolbar thought we were there, and just cashed the small checks whenever they came. It was perfect.
Back then, we weren’t concerned about security or personal information and our internet was free (well, included with our $30,000 a year tuition!), so we just took it.
The days of something like that are gone but I’ve learned of something that is about as close as you can get to it – it’s called Honeygain.
What is Honeygain?
Honeygain is an app that you can install on your computer (Windows and MacOS) or Android phone and it uses your internet data to run various queries for their clients. The company lets other businesses use their network to gather data and market research. The value of the network is that it’s installed across several different devices and IPs, so their clients can get data from a variety of sources.
In terms of passive income, it’s just about as passive as you can get.
And they aren’t using your computer’s processing power to mine bitcoin, they just use your internet.
Unlike some other market research applications, they don’t track your behavior and sell it to marketing companies. What they do is use your internet connection to run various search queries that their clients are interested in.
A common use case appears to be search engine optimization research – they run queries on Google and other search engines from your devices to see what the results are. This can be valuable information because marketers are always curious about where they appear in the results and whether their efforts have been effective.
Another use case that they’ve outlined on their blog is price comparison websites. A store may change the price of a product or service based on what they think is the purchasing power of users. Someone who lives in a higher cost of living area, such as New York City, may be willing to pay more for something than someone who lives in a lower cost of living area, such as Charlotte. Price comparison websites can use the network to check prices on products and services to give their users the most accurate data.
How Much Can I Earn with Honeygain?
You get paid based on how much internet they use – not how much internet you use.
The current rate for Default Network Sharing is 3 credit for 10 MB of traffic that goes through your network and 10 GB = $1 USD. This means that each credit is worth a penny.
They also have a “content delivery” service where you earn 6 credits for every hour Content Delivery is active and running (not “in queue”).
Your dashboard will update with how much you’ve earned:
The tricky part about Honeygain is that the demand for their services is uneven. Sometimes you’ll have high demand, few users, and you can make more renting out your internet connection. Sometimes you’ll have high demand but if a lot of people sign up for it in your area, the demand will be spread out across those users. It’s hard to predict how much you can make in a month because you don’t know how much demand they have on their network.
When you read $20 in earnings, you can request a payout. They work through Tipalti, a California based payment company, but you can get your payout through bitcoin.
honeygain is the best way to earn free bitcoin
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