Honeygain Review: I Got Paid To Share My Unused Internet Bandwidth

Hey everyone! Welcome back to the blog. Today, I’m going to walk you through exactly how much money I was able to make using Honeygain, a platform that lets you earn passive income by sharing your unused internet bandwidth.

What is Honeygain?

In case you’re not familiar, Honeygain is a passive income app that allows users to earn by sharing their unused internet bandwidth. It’s simple: you download and install the app, and it runs in the background, using your internet to route data for Honeygain’s clients. These clients could be SEO services, market research companies, or businesses that need data for analytics.

Now, how much you can earn varies based on a few factors:

  • Your location
  • Internet speed
  • Amount of data you share

How Do Earnings Work?

With Honeygain, you earn points whenever you share your internet bandwidth. These points can be converted into actual cash via PayPal, or if you prefer, cryptocurrency. The minimum payout threshold is $20, so you need to accumulate that much before cashing out.

There are also other ways to boost your earnings:

  • Referrals: You can refer friends or your online audience and earn a percentage of their earnings, which can significantly speed up the payout process if you have a decent network.

How to Get Started with Honeygain

Getting started is easy:

  1. Download the app: As of September 2024, Honeygain is available on Android, Windows, macOS, and Linux.
  2. Install and run it: Once installed, Honeygain will automatically run in the background. You don’t need to interact with it after setup.

One feature I like compared to similar apps (like Pawn’s App) is that Honeygain allows you to run it on multiple devices. Sadly, for now, it doesn’t work on iPhones, but it may be available in the future.

My Honeygain Earnings Experience

Now, the part you’ve been waiting for — how much money I made! After running Honeygain for three months, I finally hit the $20 payout threshold. Once that happens, you’ll get an option to cash out. In my case, I cashed out using PayPal, but keep in mind there’s a 15% fee for PayPal transactions, which I found a bit high. If you prefer to avoid fees, you can cash out in cryptocurrency, which doesn’t have that charge.

Here’s a screenshot of my PayPal transaction as proof that Honeygain does pay out. I received my payment through Tipalti, a payment processing company that works with platforms like Honeygain.

My Location and Earnings Breakdown

To give you some context, I’m based in Las Vegas. While it’s a well-known city, I wouldn’t consider it a major US market like New York or Los Angeles, where I suspect the demand for data is higher. I believe if I had been in a larger city, I would’ve earned more. As it stands, it took me three months to hit the $20 threshold, averaging $6 per month.

Is it life-changing money? No. But it might buy you a cup of coffee or lightly offset your Wi-Fi bill. One thing that really stood out to me is that the app requires no effort beyond installation. So it’s not too bad for a side hustle that pays you to do literally nothing.

Is Honeygain Safe?

A big concern with any data-sharing app is privacy. I checked Honeygain’s website, and according to them, no personal data is collected. The app only tracks essential information like:

  • Your email address
  • Your IP address
  • Your chosen payout method

Honeygain also claims their connection is fully encrypted, making it inaccessible to outsiders. This made me feel more comfortable using the app.

Final Thoughts

In summary, Honeygain is a set-it-and-forget-it way to earn a little passive income by sharing your unused bandwidth. It’s not going to replace your day job, but it’s an easy way to earn some extra cash with zero effort. If you’re interested in trying it out, feel free to use my referral link to get a $3 bonus when you sign up!

And if you enjoy learning about different ways to make money online, whether it’s through passive income apps or freelance platforms, make sure to check out my Money-Making Online Playlist. I’ll also be uploading more content twice a week, so be sure to hit that subscribe button!

Until next time, happy earning!


Comments

Leave a comment