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How to Rent Out Your Bandwidth for Passive Income
Originally published at https://www.incomecraze.com on September 14, 2020.
Yes, it’s possible to rent out your excess bandwidth and generate a steady stream of passive income. There are many services which pay you money for your internet capacity. It makes sense to extend this resource and earn money on it. This post will show you how with Honeygain and other platforms.
Your internet connection is a resource that you use daily. Having a persistent high-speed connection is not a matter of luxury but a necessity. Given the services we use (gaming, binge-watching seasons on Netflix, Amazon Prime), many households carry higher bandwidth internet connections. The connection comes at a cost. On average, $65 is spent by a household every month on broadband services.
Now when you have dedicated bandwidth for your home internet, an important aspect to note is that you continue to pay for it, whether you use it or not. When you take a vacation and your bandwidth is idle, you’re still going to receive a bill. How about the 7 to 8 hours you are asleep every day? Same. However, these pockets of unused bandwidth can be sold at a price. Companies help you sell this unused bandwidth and, in exchange, pay you monthly for allowing usage.
