Bearing in mind what’s happening in the world nowadays, it’s no wonder people look for money-making options. Apart from a full time job, many of us are on the lookout for additional ways of income, and we stumble across hundreds of them. Which of them to trust and which are worthwhile in the long run? Let’s talk about it today.
Indeed, most of us search for a money making option to start in a matter of minutes. Selling internet connection is one of such. Many websites attract Internet users with the idea that selling data results in good cash. Let’s check out how it works and if anyone can earn money in this way.
What is bandwidth and why you can sell it
In accordance with the Tech terms dictionary, internet bandwidth is the maximum data transfer rate of a network or Internet connection. It measures how much data can be sent over a specific connection in a given amount of time. For example, a gigabit Ethernet connection has a bandwidth of 1, 000 Mb per sec.
Most of the time, Internet connection remains idle. By statistics, around 90% of the bandwidth is not used even when laptops, phones and smart TVs are on. This means for most residential data plans our online activities barely come close to maxing out our bandwidth. In fact we have a lot of unused bandwidth at any given time unless we are downloading heavy files or running a couple of intensive apps simultaneously. Anyway, all of us have at least 5 hours of sleep when we don’t use the Internet at all, as well as the time spent shopping, driving, doing housework.
With this in view, a handful of companies have made it possible for us to sell our bandwidth to them for money. And since we have a lot of it, it can become a good passive income. Some systems work on cryptocurrency, some of them exchange Gb into dollars, others practice tokens.
How your bandwidth is used
Users sell bandwidth for money and companies buy it. The deal becomes possible thanks to websites, programs or applications which act as an agent between the two parties. Say, the Peer2Profit app is a medium that rents out a user’s bandwidth and allows companies to use it (through a user’s IP address). These companies get the chance to access the internet through a different IP address/country than where they reside. It is a normal practice for marketing agencies, major businesses, search engines etc. They collect the data for their research and other business purposes.
The risks and security
If you’ve never tried any ways of passive income, then any adventure may seem a shady enterprise. For those out there who have tried a few ways of earning extra cash, bandwidth selling may be worth trying. As you start with making beermoney, you can get the hang of it, and eventually reach to the point of 100, 300, 500 dollars per month. In the end, you will get a taste of the monetization tool.
Of course, selling bandwidth is not something you should do without thinking twice. Before you learn how to sell data and earn money, you should learn the pros and cons of each system you try.
- Some of them offer pretty vague Terms and Conditions, by which you can judge their reliability.
- Some of them offer understandable ToC but the earnings are very low.
- Some of them offer good earnings but you have to invest in the system first.
Depending on where you live and what Internet Service Provider you use, you might have more strict rules as to how your IP address is used.
- Some websites and apps assure us that they don’t access the data or files on the PC. Others don’t mention the data security point.
- Some systems block suspicious users and ask buyers for identity verification, while others don’t check their clients at all.
By using many of these services you are joining a network and you have little to no control about how and who use it. As you can see, there is a bunch of pitfalls. So watch out!
Why Peer2Profit is good
The Peer2Profit app works as a service where you sell your bandwidth to other people for their browsing behaviors, and earn money. The people behind the app have designed the system especially for average people. The program uses encryption to guarantee us online security. No data stored on PC or device gets leaked.
You won’t become rich immediately by selling your internet connection. Over time, if you are comfortable with the process and want to go further with due diligence, you can make 100-500 dollars a month. Bigger money is possible with fast Internet speed and the affiliate program. The more actively you participate, the more people join in, the more you make.
Why not stick to this new passive income idea? Well give it a try at least! You risk nothing, and if you earn nothing too, you can always sign out. With more than 200 reviews on Trustpilot, though, it’s obvious that for many people Peer2Profit has become a nice option of how to sell data and earn money!