How does it sound like, to earn money while totally doing nothing? Creating a passive income is important nowadays because of inflation, low pay rates, and limited job opportunities. Add to that the pandemic the world is currently facing, most of us are doomed to find work at home. But can you actually earn without effort? Actually, it is possible!
Honeygain is an application that uses the user’s shared bandwidth data to run various queries for their clients. This is in turn, used by their clients for market and data research. All you have to do is download the application and keep it running in the background while you work or use your devices. Upon signing up with the link, you will be given $5 to as a sign up bonus. You can start by downloading it here.
Passive Income
I wouldn’t say that signing up on Honeygain can make you quit your day job. Honeygain is more like a side hustle than a replacement for a full time income. According to the Honeygain website, you will earn 1 credit for 10MB of traffic that goes through you. So for 10GB, you’ll earn $1. We can say, therefore, that it heavily depends on the speed of your internet connection. According to Quora, if you run Honeygain for 24 hours a day, which is 720 hours a month, you can make $50 a month. Not bad for not doing anything?
Honeygain apps run in a closed environment on your device and do not access your device’s data, nor does it download, store or cache any harmful data. It all boils down to how much we trust the company.
Referral System
Another way to maximize your earnings is through referring others to join and sign up through your referral link. You will earn a 10% commission of all their earnings that will automatically be credited to your Honeygain wallet. Now is the time to encourage your friends to use Honeygain. After all, $50 can not just be easily picked off the road, and it’s a higher monthly earning than how much your bank deposits are earning as annual interests in the banks.
Heavy Usage
Another thing I learned about maximizing my earnings, is by actually opening heavy data usage sites in the background such as YouTube. By doing so, I notice that my bees work faster and my earnings grow faster as well. You can link multiple devices on one Honeygain account to increase your earning potential as well. You can use your laptop, and your mobile phone. Just keep in mind that mobile data and mobile battery will be spent up pretty quickly.
Pay Out
The minimum pay out threshold would be $20. Honeygain pays through Paypal or Bitcoin. If you are ready to earn, sign up here.
Conclusion
Honeygain’s monthly earning potential may not be enough to replace your current job but it is significant enough to earn to have something on top of your normal income, to buy small mundane everyday things.
As far as I’m concerned, I found that almost 90% of my earnings are from referrals so keep that in mind. I was able to earn $100 for the span of four months, which is pretty OK to me because I have investments that earn that much within six months. If you are interested with my own experience and wanna see payment proofs then watch my YouTube video here:
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