How I Earned $1000 In 2022 Monetizing My Internet Connection!
Photo by Frederik Lipfert on Unsplash
The internet is as precious a commodity as it is ubiquitous ---and as with all valuable assets, can be monetized to generate money! Bygone are the days when renting is confined to physical commodities and real-world assets such as property; welcome to the age of internet monetization, where you can rent out your surplus internet bandwidth in exchange for small amounts of passive income that add up over time! Best of all, this stream of passive income is easy to set up and requires no investment, utilizing the everyday devices and resources that you already have! In fact, having only recently stumbled on this niche in Q2 2022, and given the minimum effort entailed to kickstart this stream of passive cash flow, suffice to say that the returns of $1k in under a year have been rather rewarding!
The Rationale
Photo by Lars Kienle On Unsplash
- Our internet connections especially broadband are often surplus of our requirements in terms of speed and bandwidth.
- Using applications that run on computers/ mobile devices, this surplus amount of internet can be rented out to businesses to help them view the Internet as it is seen by real people --- without any location-based restrictions or censorship such as for SEO & Web stats, brand protection, ad verification, app testing, content delivery and price comparison among many others; while keeping your data and privacy safe, and without compromising your internet browsing experience.
- In exchange for your rented internet bandwidth, you will be paid in various forms of currencies ranging from crypto to PayPal!
- To maximize your returns, you can run all these applications on the same device and same internet connection, all at the same time!
Here is an honest review of my top 6 favourite internet monetization platforms and a summary of each of its salient features, along with the Trustpilot scores of each.
1. Honeygain
My all-time favourite in terms of earnings, Honeygain is one of the top platforms to convert your unused internet bandwidth into cash by by turning your device into a network gateway (residential proxy).
Earnings: For every 10MB of internet traffic that goes through your network, you are paid 1 Honeygain credit.
Hence, 10GB of data earns you 1000 Honeygain credits worth $1.
Potential monthly earnings in the most ideal of conditions.
My Results: $729 so far!
Honeygain was the first application I used to monetize my internet connection which makes the bulk of my earnings; I have earned a total of 729,414 Honeygain credits so far which equate to $729. I have cashed out my earnings in JMPT, a cryptocurrency payout form that grants a 10% bonus in earnings. I have since used my earned JMPT to build my side cryptocurrency portfolio which includes BNB, BUSD and Elephant Money among many others. In fact, it wasn't long before I managed to collect 1 entire free BNB from monetizing my internet with Honeygain!
How I Earned 1 Free BNB Using This App!
Here's my story of how I earned 1 BNB for free using this application, without having to invest any money in the first...medium.com
Supported Platforms: Windows, macOS, iOS, Android, Linux (Docker)
Payout Options: PayPal or cryptocurrency like Bitcoin and JMPT token (gives a 10% additional bonus in earnings!)
Security: Honeygain has a very tight privacy policy, based on the latest international privacy regulations like GDPR and CCPA.
Sign-up Bonus: Click here to avail a free $5 signup bonus, or apply CYBER577DD as a coupon code on registration to avail your free bonus!
To learn how to maximise your earnings with Honeygain do check out my previous article here!
Tips To Maximize Earnings On Honeygain: An Effortless Passive Income App!
Honeygain is one of my favourite passive income generators --- a no-fuss, set-it-up-once-and-forget-way to earn passive...medium.com
2. Peer2Profit
Peer2Profit is another profitable internet sharing application that monetizes your unused internet bandwidth.
Earnings: average monthly payment of $8.33.
My Results: $195.5 so far!
Supported Platforms: Windows, macOS, Android, Linux, Raspberry Pi
Payout Options: E-wallets, bank cards, cryptocurrencies.
It is noteworthy to mention that payouts are processed virtually instantly --- I always receive my payments promptly within a minute of requesting them!
Security: Transparent subscription statistics and fully legal use of your Wi-Fi router's capacity.
3. EarnApp
Earnings: Up to $135 monthly!
My Results: $11.59 so far!
Supported Platforms: Windows, macOS, iOS, Android, Linux (Docker), Raspberry Pi
Payout Options: PayPal, Amazon Gift Cards
4. IPRoyal Pawns
Earnings: $0.2 is paid for every 1GB of data shared, potentially earning up to $96 every month in the most ideal of conditions!
Potential earnings in the most ideal of conditions
My Results: $2 so far!
Supported Platforms: Windows, macOS, iOS, Android
Payout Options: PayPal, virtual gift cards, cryptocurrency (Bitcoin)
Security:
Sign-up Bonus: Click here to avail a $1 bonus!
5. TraffMonetizer
My Results: $5.1 so far.
Payout Options: Paypal, Bitcoin, Payoneer, Skrill, Payeer, Wire transfer (for $1,000+ transfers)
Supported Platforms: Windows, Android, MacOS, Linux (Docker Hub)
Security: Every website accessed through your device has passed all the necessary compliance and security checks, in strict compliance with EU and US regulations.
6. PacketStream
Earnings:
My Results: Only $1.17 so far. The earning rates were somewhat lower compared to the other platforms, although in its defence I had only quite recently installed this.
Supported Platforms: Windows, MacOS
Payout Options: PayPal
Final Thoughts
Internet monetization is a slow but steady and effortless passive income stream that you can set and forget, leaving it to run in the background while you go about your daily lives! Do you have other such effortless passive income platforms/ ideas? Feel free to leave your thoughts below. Happy earnings!