Do you want to start using the Honeygain service to earn extra cash and you want to know more about how it works? In the article below, we provide you with all of the details you need to know about Honeygain in other to use it, including its alternatives.
The Internet provides numerous ways to make money depending on where your interest and skills lie. Interestingly, there are even some methods that do not require you to have any skill or actively get involved to make money.
One such method is by sharing your Internet resource with others to use and you get paid. The method is one of the simplest methods to make money online if all you need is a few bucks at the end go the month.
While the money is nothing big, it could offset some bills depending on the cost of living in your area. Honeygain is one of the services that make it possible.
In this article, we would be taking a look at Honeygains, what it is, a brief review, and alternatives should you want to use another tool with the same functionality.
What is Honeygain?
If you take a look at the Honeygain website, you will see that it places an emphasis on you making passive income by sharing your passive income. But have you asked yourself what your Internet would be used for?
The Honeygain service is a Peer-to-Peer (P2P) network that pays you for joining its network and allows it access to your device resource to be used as a member of its P2P network.
Basically, the service uses your device’s Internet (IP address, Internet connectivity, and bandwidth) to access the Internet, using you (your device) as a front.
So, you are being paid not just for being a member of their P2P, but being an active member that keeps your device accessible to be used. The more your devices are used, the more you earn from the service.
As a member of Honeygain’s P2P network, your IP address and Internet connectivity are made available to their proxy partners that use them to route their client requests. It is from the money paid by the customers of these partners that you are paid a portion.
We found out that the service has an exclusive contract with Oxylabs allowing Oxylabs to utilize its P2P service. Oxylabs is one of the largest residential proxy networks in the market and Honeygain is one of its sources of IP address.
Honeygain and its likes such as Peer2Profit, Hola VPN, and IPRoyal Pawn, are the reason why residential proxy networks have access to millions of real IP addresses owned by real Internet users. Honeygains is available for Windows, macOS, Linux, Android, and iOS.
How Does Honeygains Work?
The working mechanism of Honeygain service can be quite simple if you want to simplify it as it works like every other P2P network. For you to make use of the service and earn from it, you will need to install the Honeygain client application on your device and it is available for the popular operating systems — Windows, macOS, Android, iOS, and Linux.
With the client application installed, you have connected to the network and the Honeygain service can now use your device to access the Internet, using your device as a front.
It provides your device to its partners which are mostly proxy services to route their client web traffic through and in return, you are compensated financially. For web traffic routed through your device., your IP address would be used and as such, the web service would only trace the traffic to you and not the original initiator.
Unbiased Honeygain Review
Pros of Honeygains
The Honeygain service is a legit service and there are some reasons that the Honeygain service is being used by a good number of people around the world. Let take a look at some of them below.
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You Can Make money with it
It is stated on their website that you can make money using their service. This is true as a good number of persons have used the service to make money. They are quite reliable and keep their own end of the bargain. There is even a tool on the website that you can use to estimate how much you can earn from your contribution to the network.
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Honeygain is Secure
The Honeygain client app has not been developed to steal your data. All it does is make your device open to the Honeygain network so that the network can route web traffic through it.
The tool does not have access to your storage and there have not been cases of security breaches as a result of using the Honeygain client application.
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Easy to Use
For an app like Honeygain, the easier it is to set up and use, the more people would likely use it and Honrygain knows this. For this reason, it has developed its client application to be easy to install, set up, and use. The interface is quite simple and easy to understand even for newbies.
Cons of Honeygain
Even though the tool works, it still has some downsides that you need to be aware of. Only when these downsides do not matter to you much should you go ahead and use the service.
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Drains your Battery Life
The Honeygain client application runs in the background continuously as you use other apps provided you are connected to the Internet.
This continuous running model has an impact on your battery life. You should expect at least 10% drain in your battery after every charge when using this application.
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Drains Your Internet Bandwidth
This is the downside I do not like the most. Honeygain will not only run in the background, draining your battery, it will also be draining your bandwidth too and that is why you do not get paid if your Internet connection is OFF.
Bandwidth is quite expensive depending on your location and for many locations, the amount you will be paid is lower than the cost of the bandwidth.
So, it is not economically reasonable to use the service in some regions except you have access to unlimited bandwidth or the cost is very cheap that you would still earn profit. Use the calculator app on the Honeygain homepage to determine how much you can make in other to make a decision whether to use it or not.
3 Best Alternatives to Honeygain for Passive Income
There is no doubt that Honrygain works and you can earn a few bucks from them. However, if you are looking for an alternative, then you can make use of any of the other services described below.
IPRoyal Pawns
The IPRoyal Pawns is owned by IPRoyal, a residential proxy service that provides Internet users with IP addresses assigned by Internet Service Providers. The source of the IP addresses it uses is the IPRoyal Pawns service. With this service, you can opt in to provide your IP address to be used and get paid for such. Unlike in the case of Honeygain that your IP gets leased to third-party services, IPRoyal Pawns keep the usage to the IPRoyal service only.
According to the information on the website, if they use 8GB of your bandwidth for 16 hours daily, you could earn about $140 monthly. However, this can be influenced by the number of unique IP addresses you provide, your location, and your Internet speed.
PacketStream
The Packetstream service is another residential proxy service that offers users residential IP addresses. It does have support for a service that Internet users can become picketers and share their Internet connection to earn money from the bandwidth that would be used.
PacketStream offers cheap proxies and that ends up affecting the amount of money you will make. They charge $1 per GB and would pay you 10 percent of that, making your earning $0.1 per GB. If you take a look at this amount, you will agree with me that PacketStream is only worth it if you have access to an unlimited bandwidth else, you would be using it at a loss.
Peer2Profit
The Peer2Profit service is also another P2P service that will pay you for joining its network by installing its client application. Just like Honeygain, it does not have its own proxy service — it provide the network to partner proxy services and earn a commission from it as you do.
One thing you will come to like about this service is that it has a referral system that reward users that refer their friends as you can boast your earning if those you refer make money. The best way to even earn money for this service is by referral provided they are ready to use the service.
FAQs About Honeygain 101 and Alternatives
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Is Honeygain Legal?
The Honeygain service is legal to use most countries in the world have not criminalised the use of P2P networks as a proxy network infrastructure.
However, there is one thing you need to know. If a user uses your IP address for a task that is illegal, you might be required to defend yourself since its your IP address that is seen not that fo the actual user. The same applies to any block on the IP address. If a user uses it to spam Facebook and Facebook blocks it, you the real user can also not use it to access Facebook.
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Is Using Honeygain Worth It?
There is no straightforward answer to this question. Honeygain could be worth it and you can tell that from the fact that the service has been operating for a while now which means that there are people using it.
However, this would depend on the cost of Internet bandwidth in your location and if you would make any gain especially if the Internet connection comes with unlimited bandwidth. If you have access to unlimited or cheap bandwidth, then it is worth it. Else, you have to look for other methods to make money online.
Conclusion
The Honeygain service provides you with another source of income to make a few dollars if you have access to unlimited or cheap Internet bandwidth. From the above, you can tell your device is being used as a front to access the Internet, and you are paid in return.
While the tool work and there are even other tools of its likes which we discussed in the alternative section of the article, you need to know that acting as a front comes with its own risk especially if a spammer or cyber-criminal uses your device as a front. However, for most usage, your device would only be used to unblock websites and access localized data.
