What is it?

Okay, folks today we are going to talk about what in the world this Honeygain application is. First of all, I ran across this application after searching for passive income ideas on Reddit.  Honeygain claims to reward you for sharing your spare bandwidth with them.  According to their FAQ:

Honeygain is a crowdsourced network company which enables other businesses to conduct web intelligence, market research and content delivery. For Default network sharing:
You will earn 1 credit for 10MB of traffic that goes through you. So for 10GB you’ll earn 1USD

For Content Delivery (if available in your region):
You will earn 6 credits for every hour Content Delivery is Active and running (not 'In Queue').

As Content Delivery is still in Beta (deadline extended from 31.03.2020 to 31.05.2020) the payout rate is 10 credits for every hour Content Delivery is Active and running (not 'In Queue').

So, now that you have read a snippet from their FAQ what do you think? Here are my two cents, I think it is a great idea! This sounds like a great passive income avenue especially if I have a lot of unused bandwidth.

Is it safe?

Honeygain claims to be safe and here is a snippet from their FAQ:

The app facilitates proxy services to third parties, such as data scientists, Fortune 500, and other trustworthy companies.
Is it safe? Yes! Your security is important to us. And as the queen bee knows her bees, we know our partners!

I know what you are thinking, "This seems a bit sketchy!" and you are right, but what are the real risks here?  The Honeygain service doesn't work on a VPN so there goes anonymity (on some level). If this service is as safe as it claims to be, can we make money?

Can we make money?

Using the estimation tool on their website it appears if I donate 1 GB a day I will make about $3 US dollars. Not bad at all! What about 10 GB a day? Well, that comes to $30 US dollars. Okay, now that's some extra change maybe enough for gas money. Now, if the Honeygain service uses 100 GB a day it claims I can get about $300! Wowza! Now we are talking.

Have I made money?

I haven't made enough to cash out yet. You can cash out when your account reaches a minimum of 20,000 credits. 20,000 credits are $20 US dollars according to their site. Here is what my dashboard looks like at the moment:

I am only 33% on the way to 20,000 credits. I estimate that in the next month I will be able to withdraw and verify if Honeygain pays out. Honeygain claims to payout through Paypal which is a plus since PayPal is a well-established company. I should probably mention that I did get a bonus of 5,000 credits for using a referral link. If you are interested I'll include the referral link below.

How do I install Honeygain?

At the moment Honeygain is available for Windows, MacOS, and Andriod. If you would love to give Honeygain a try and join me in this experiment and get the 5,000 credit bonus then use this link. Alternatively, you can head on over to their website and grab the download there. If you do decide to use my referral link I will earn 10% percent of what you make. This is not deducted from your earnings.

Last thoughts

Overall, Honeygain seems like a good opportunity. It is too good to be true? Stay tuned as I find out for myself. As soon as I can make a payout I will create a new post showing proof of payment and other important details. Let me know your thoughts in the comments!

Until then, thanks for your time!

Peace out!