Earning money passively is always a good thing and while there are many sources of a passive income most have a high barrier of entry to the point if you are able to buy into that income you likely do not need it anyway.
Honeygain is a passive earner that you can install on your computer or mobile (no virtual machines or datacentres however which is something I will touch on later) with the idea that it uses your Internet connection to download and upload which in exchange they credit your account.
Simple right? Well, what they are downloading is not known but here is what their website has to say about it.
Data scientists use your internet data to solve complex problems like finding solutions for market research, ad verification, brand protection, pricing intelligence, travel fare aggregation, and SEO monitoring.Honeygain.com. (2019). [online] Available at: https://www.honeygain.com/ [Accessed 19 Nov. 2019].
How truthful this is honestly something I am unable to say as reading between the lines kinda suggests that they are using your connection to access websites in order to browse them in different countries and operating systems (which would suggest why Windows and Android have different earnings from experience) and what they do on those websites is anyone’s guess but I do stress this is something that we can’t really find out ourselves and I am leaving it out in the open so people understand that there may be a risk to doing this.
Anyhows I distress away from the main point of this article which is Honeygain is worth it and does it pays out. I can only speak about this from a United Kingdom IP address but on average I got around 4GB a day with some days being lower and other days being far higher and as of the day of writing this (22 of November 2019) I have reached the needed amount in order to be able to cash out
If you are wondering how long this took, here are some figures. I signed up for the service without any referral link on the 9th of October, 2019 and it is now the 22 of November, 2019 which means it took myself forty-four days in order to be able to reach the needed amount.
I have been running this on my main computer (which I use for gaming and video editing) which is not left on all day. I have also been running this on a Windows 10 Tablet which was used a couple of hours a day. Lastly, I have run it on an Android phone which for most intent and purposes this was on all day although not so surprisingly it was the lowest earner of the three devices. Every device was on the same IP address.
According to their FAQ, it is better to have each device on different networks and I am tempted to see how well it works with setting up the Linx tablet and an Android tablet connected to BT Openzone and see if that fares any differently.
Still to answer the overall question – yes it does earn money but I am not yet aware if it pays out as I am now waiting for the PayPal transaction. At the start of this experiment, I was only running it on my personal PC and Android phone and it wasn’t until a week or two later I decided to add my Windows tablet to the poll. I imagine if I left all the devices to run all day and night it is possible I would have earnt the needed payout far faster but that is something I can not comment on.
I have a feeling that many people who will use Honeygain is likely installing it on a work PC which they never turn off where they do not need to worry about power costs but if I do the maths based on the minimum payout and how long I been doing it for (so $20 divided by 44 days) it comes to $0.45 a day so about £0.35 a day as of writing this. Compare that to the fact it cost a couple of quid a month to run my PC that it is worth it as long as it is always downloading. This does not include the fact both of my tablets are already connected via a USB cable doing other stuff.
I will update this further should I get paid for this one, if I get paid a second time, and this time I think I will try my Windows Tablet and an Android Tablet connected to a battery bank and leave it running all day and night and see how much they earn.
If you are interested in signing up, please do think about signing up using my affiliate link: Honeygain Sign up!
Edit – 28/11/2019
I promised I would update this depending on if Honeygain paid out or not and I am pleased to say they have paid me a couple of days ago but something does feel slightly weird about it. I never noticed they paid me as I was expecting a payment from Honeygain but in fact, I got it from a person called Danny.
Overall I am able to confirm it does payout and it looks like I am about a quarter of the way to the next payout which I will update further should I reach it.