Alternatives to Honeygain? 7 Ways to Make More Cash Online
Are there more companies to evaluate as valid alternatives to Honeygain?
Honeygain is a popular app that allows users to earn money by sharing their internet connection. However, are there more companies providing similar services to include in our revenue making machine?
In this article, we will explore some of the best alternatives / add-ons to consider alongside Honeygain that can help you increase your returns online.
What is Honeygain and How Does it Work?
Honeygain is a crowdsourced network that allows users to share their unused internet bandwidth with data scientists and researchers who need it for various purposes, such as improving AI and machine learning algorithms, performing SEO research, and testing websites from different geographical locations.
To get started with Honeygain, all you need to do is download and install the app on your computer or mobile device, create an account, and let it run in the background. Honeygain will use your internet connection to transfer data packets to and from its partners’ servers and pay you for every GB of data you share.
If you are interested in more details, I wrote an extensive review of Honeygain, check it out!
Why You May Want to Look for Alternatives to Honeygain
While Honeygain may seem like a good way to earn passive income, it’s not without its downsides (and by the way, this goes pretty much for any business, that’s why we provide reviews… 🙂 ).
Firstly, due to its business model, Honeygain cannot provide fine details on who uses your internet connection and for what specific purpose. Secondly, The founders of the company are not listed anywhere, and being a crowdfunded entity, they are not probably yet backed by big money.
But, in their defense, Trustpilot rates officially Honeygain as “Verified” and “Excellent”, scoring 4,5 stars out of 5
Moreover, Honeygain has a relative modest earning potential compared to other methods of making money online, such as freelancing, affiliate marketing, or creating and selling digital products. To earn a decent income from Honeygain, you need to have a fast and stable internet connection, use multiple devices, and refer other users to join the network.
But, on the other hand, once you are set, you are also pretty much done. From this point of view Honeygain is a brilliant example of pure “passive income”.
Top 7 Alternatives to Honeygain for Making Money Online
So, Honeygain is not that bad at all!! But if you’re looking for additional ways to increase the revenues from your online efforts, here are some of the best alternatives to Honeygain that you can add to your resources:
1. Amazon Mechanical Turk (MTurk)
Amazon Mechanical Turk (MTurk) is an online platform that works as an intermediate.
It connects businesses and individuals who need work done with a global workforce of independent contractors, called Workers.
To use MTurk as a Worker, you need to create a Worker account on the platform. You provide your personal information as well as your payment preferences. You have then access to the available HITs list (a HIT is the Amazon´s slang for a gig…).
The HITs are organized by category, payment, and qualifications. You can search and accept the ones you are interested in. You can work on multiple HITs at the same time, as long as they do not require exclusivity or conflict with each other.
Once done with a particulr HIT you submit your results in the system. You need to wait for the Requester to approve or reject them, and then make the payment accordingly.
What are the benefits of Amazon Mechanical Turk (MTurk)?
MTurk offers several benefits for both Requesters and Workers.
For Workers, MTurk provides a flexible and accessible source of income that can be done from anywhere with an internet connection. MTurk also offers a variety of tasks that can match different skills and interests, and allows Workers to work on their own schedule and pace.
Additionally, MTurk offers a reputation system that can help Workers build their profile and increase their chances of getting more and better-paying HITs.
2. FluidStack
FluidStack is a platform that allows you to earn money by sharing your computer’s idle resources.
We are talking things such as CPU, GPU, and RAM. Those resources are vital for cloud providers who need them for running virtual machines or performing intensive applications like machine learning or video rendering.
FluidStack offers more transparency and control over your data usage and pays you based on your resource contribution, not data transfer.
To get started with FluidStack, you need to sign up. Then install the software on your computer, and select the amount of resources you want to share. According to their website, you can earn even over $300 per month for sharing your resources.
The effective returns depend on the demand and availability (and of course the potential of your own digital system).
3. PacketStream
PacketStream is a peer-to-peer proxy network that allows you to earn money by routing web traffic through your computer’s IP address. Similar to Honeygain, PacketStream works by collecting requests from its clients, such as web crawlers, advertisers, and data analysts.
Those requests are sent to your computer, which acts as a proxy server.
To use PacketStream, you need to download and install their app on your computer. Once done, create an account, and let it run in the background. PacketStream pays you $0.10 per GB of bandwidth used and up to $0.30 per GB for premium traffic, such as video streaming and gaming.
A nd to round it up, Packetstream is also building a solid reputation between its usrs, scoring a good 3,4 Stars on Trustpilot
4. Peer2Profit
Peer2Profit is also a company that pay you in exchange for sharing your bandwidth (or your “unused Internet” as the smart guys say).
This service supports all countries and also offers a generous referral program…
You are entitled to receive 50% of the earnings of every referral friend who you invited to join Peer2Profit. And your referral’s income won’t decrease in any way.
This company lets you withdraw your earnings starting fro 2$ (probably the lowest one among all competitors and claims that :
“In the worst-case scenario you will have no difficulty making your monthly payment for Internet connection. Even if your referral network is still weak and/or you are low on bandwidth, it will be quite rewarding!”
5. Pawns
Pawns is also a program that is pretty similar to Honeygain. It allows you to earn money by running a small software application on your computer that performs quality assurance tests for websites and applications.
To join Pawns, you need to sign up, download and install the software on your computer, and activate it. Pawns pays you up to $0.20 per GB of shared data and provide also a referral program to even increase your gains per month.
If you are interested in more Informations, I wrote an extensive review of Pawns on this specific platform, check it out!
Now, the following two options are a in bit different business models. They require you to be slightly more active to help the company provide services to her client’s portfolio : |
6. Survey Junkie
Survey Junkie is a company that pays you to take online surveys and share your opinions on various products and services.
The company partners with market research entities and brands who are looking for consumer feedback on their products and pays you for completing surveys.
The reputation of the company has jumped ahead consistently through the years. Today Survey Junkie can boast herself with a flattering 4,3 Stars score from Trustpilot.
To use this service, you need to create an account. Fill out your profile and demographic information, and start taking surveys.
Survey Junkie pays you in points, which you can redeem for cash or gift cards once you reach a minimum threshold of $10.
7. Swagbucks
Swagbucks is a popular rewards program that pays you for completing various tasks. You can watch videos, shop online, search the web, and play games.
The company partners with advertisers and retailers who are looking to increase their online presence and pays you in points for completing their offers.
To use the service, you need to create an account, browse the available offers, and start earning points. Swagbucks pays you in gift cards, cashback, and other reward.
The minimun threshold to start redeeming is $5.
Even more ideas to make money online?? We have got you covered!
FAQs
Q1. Are these alternatives to Honeygain legitimate ways to make money online?
A : Yes, all the alternatives we have mentioned in this article are legitimate and reliable ways to make money online. However, the amount of money you can earn depends on your skills, digital resources, and commitment.
Q2. Do these alternatives require any special skills or equipment?
A : Some of these alternatives, such as FluidStack and PacketStream, may require a fast and stable internet connection and a modern computer with decent hardware. However, most of them require no special skills or equipment, as they rely on your opinions, behavior, or spare time.
Q3. Can I use these alternatives alongside Honeygain?
A : Of course, you can (and you should) use these alternatives alongside Honeygain, as long as your internet connection and computer can handle the workload. However, always use due diligence to avoid overloading your system and evaluate if there can be risks regarding your privacy.
Q4. How can I maximize my earnings with these alternatives?
A : To maximize your earnings with these alternatives, we recommend that you follow these tips:
- Choose the options that suit your skills, interests, and availability.
- Set realistic goals and work consistently towards them.
- Refer other users to join the network and earn commissions.
- Participate in contests, promotions, and loyalty programs.
- Stay up-to-date with the latest trends and eventual new players in the niche. (The start-ups try often to acquire market share by offering interesting benefits at the start of their operations).
Conclusion
In conclusion, while Honeygain may be a decent option for earning passive income, there are further alternatives available in the market.
You can increase your earning potential while not sacrificing on transparency and control. Whether you prefer to share your resources, opinions, or time, there is an option for you to make money online.
Again, please bear in mind that these opportunities won’t provide substantial income.
They probably be able to let you quit your day job all by themselves. (unless you find a way to scale massively the possibilities offered). But by incorporating more and more additional streams to your personal income, you can spread the risk by diversifying and speed effectively the path towards your financial goals.
Do not forget to check out the other articles on our “make money on the side” 😄 category on this category. I am sure you will find plenty of ideas to work with 🙂
Leave Your personal experiences and your insights in the comments!