These days, who doesn’t want to make some passive income? And that too without any work!
Well, if you have an unlimited bandwidth internet plan, then you can make money by simply sharing your internet connection.
So, don’t let the surplus bandwidth get wasted, use it to earn some decent amount of cash.
How it works
There are some companies that use your data to help businesses and individuals globally use the internet without limitations. Since they obviously charge their customers, these companies in return share a part of the revenue with you.
Think of it as simply giving your wifi password to your neighbor and letting them use your internet.
Its just like a peer-to-peer bandwidth-sharing network.
Of course, here, you do get paid.
Typically for sharing of internet bandwidth, you would typically install an application on your PC and simply keep it running in the background. The apps will run securely in the background and earn you free money while using very little computing power.
The best part is, you can also install the application on your mobile and generally increase your income.
How much will I earn from sharing internet?
Generally, you would get paid anywhere between $0.10-$0.20 per GB of shared data.
Of course, it does vary by your internet speed, IP address, and your geographic location.
5 Ways to Earn Money By Sharing Internet Speed
There are many apps that allow you to earn by sharing your internet.
Here we have compiled a list of some apps which are tried and tested and will earn you some passive money.
IPRoyal
IPRoyal is a new website compared to the others on this list. Since they are the newest entry, they also offer the highest amount per GB of data shared.
Currently, they are offering $0.20 for every GB of shared data.
The site is very easy to navigate and offers a simple way to earn money.
Simply download their app and just press start.
That’s it, you are on your way to earning some passive income.
Also, since they are new, you stand a better chance of sharing more bandwidth, which in turn means making more money.
I am personally using this company and if you want to know how much have I earned, or whether it truly works, you can check out my review of this here.
Peer2profit
As the name suggests, this is a great peer-to-peer internet bandwidth-sharing network. Being one of the oldest companies in this line, they have a great network, which in turn means more money for you.
Since most internet users take advantage of only 10-30% of the available capacity of their internet connection, Peer2Profit allows you to make money off the remaining capacity by providing it to advertisers, marketing agencies, and analytics companies.
They are based out of Cyprus and are safe to work with since they offer data only to those companies that are verified, identified, and have accepted their internal agreements.
Peer2profit supports Windows, Linux, Android, Mac OS, Raspberry Pi, and Huawei e3372h modems.
The company also has a great referral system, so you can actually earn money by using their app and by recommending it to your friends also.
Sign up with Peer2profit here.
Honeygain
Another great peer-to-peer internet bandwidth sharing network, offer one credit for every 10MB of data shared.
Payouts are at 20,000 credits which equals $20.
Since they deal in credits, it sometimes becomes difficult to know exactly how much you are earning.
We did some tests and found out that for every 10 GB of data shared, we were earning $1.
Besides sharing your network data, they also offer another program known as CD (Content Delivery). Used simultaneously, it increases your earnings drastically.
Just like other companies, they also have a great referral program, and not only that, they will credit your account with a joining bonus of $5.
They have a great calculator on their website, which gives you a fair idea of your earnings.
They have a 4.5-star rating on Trustpilot and are very transparent about the companies that they work with and the data that they share.
Nanowire
Nanowire has a unique payout system. Being a cryptocurrency initiative, they offer payouts in their own digital currency rather than other digital currencies.
So, you will get paid in Nano currency.
Typically for every 1 GB of data shared, you will get a payout of $0.50 in Nano currency which can then be converted to dollars on their exchange.
They also allow you to run as many proxies as you want and anonymize your IP address and encrypt your online connections using the latest TLS 1.3 encryption protocol, providing you peace of mind when using the internet. They do not log any data from your device.
Sign up with Nanowire here.
PacketStream
A very well known company which also follows the same model as the rest. It’s also a peer-to-peer home proxy network that allows users to share surplus internet bandwidth and thus makes you money.
Since they are one of the oldest networks, they pay $0.10 per GB of shared data while they sell the same bandwidth for a cool $1.00 per GB.
One of the best things is they allow payouts via Paypal and stripe and also have AWS as their technology partner, thus making the company and its website extremely trustworthy.
Sign up with PacketStream here.
Which is the best Company to start with?
My choice, and the one that i am also personally using is IPRoyal.
Not only is it paying me the most-$0.20 per GB, but it also seems to be the most transparent and user friendly.
Try it Out.
Privacy and Security
While we have discussed some great ways to earn money passively using surplus internet bandwidth, this does lead to some questions about privacy and security.
Since you are essentially sharing your wifi password with your neighbor, you actually do not have any control over what websites are being browsed or what kind of activities are being done using your IP address.
This element of risk will always remain there.
It’s a great source of passive income but there is no guarantee about its security and privacy, no matter what each company claims.
Also, these apps are not supported on the Google Play Store though they are supported on the Apple Store.
Sharing the internet to make money will always remain a grey area with no absolute guarantees.
I hope you will make the best decision considering all these factors.
FAQS
How much money will I make?
Generally, you will make around $0.10 per GB of data shared. Only IProyal offers $0.20 per GB of shared data.
How do I sign up?
All these sites are free to join. You can pick anyone or you can pick all, just sign up, download their app, install it, and you are good to go.
Who do these companies sell my bandwidth to?
All of these companies sell your internet bandwidth to customers to access web content that might otherwise be blocked or modified in their home country.
Is my data also being shared?
No, your data and any other information on your device are never shared. Only your internet bandwidth is shared. In fact, these companies use the very latest and recommended encryption standards.
Wrapping Up
These are 5 ways in which you can make money by sharing your internet.
Of course you do need to evaluate the energy bill and make your own decision accordingly. Privicy and security should definately be paramount.
You can choose any of these companies and give it a twirl to see whether it works for you or not.
Hope this article helped.
miller · June 22, 2022 at 11:07 am
Not as easy as it looks. The electricity cost needs to be taken into account. Also it’s damn slow.