Looking to expand your financial portfolio with an idea that requires little to no effort? Well, focus your attention and read these words because we’re about to fill you in with a remarkable idea — selling your unused data. That’s right. There are several ways one can go about the internet to generate some money, but when it comes to innovative passive income streams, it’s hard to triumph over this one.
Are you familiar with the concept of sharing Wi-Fi? Perhaps you’ve done it at some point before with your friends or family for free. You share your Wi-Fi network password with them and then they can happily enjoy it. Well, you can also do something similar online with third parties, albeit profiting in the process. And don’t worry, it’s much safer than you think!
Selling your unused internet bandwidth is an excellent way to earn money effortlessly. Just flip a switch on your app and you’ll be raking up a reasonable income in no time, growing your financial portfolio in the process. If you want to learn more about what this process entails, keep your eyes glued to this post because we’re going to spill the beans on it.
Turning Your Internet Bandwidth Into a Gold Mine
Alright, so maybe a gold mine is a bit of an exaggeration, but you can actually tap into it to generate a sizeable money entry without barely having to lift a finger. “How?” You may be wondering, and the answer is simple. You can just sell, or rather rent is the appropriate word here, any unused amount of it you might have.
Your internet bandwidth is the maximum rate of data transfer your current connection plan allows. Although often confused with internet speed, it refers to the volume of data that can go over a connection in a set amount of time. Megabits per second (Mbps) is how tech heads calculate it.
Is Bandwidth Sellable?
Well, of course. Your ISP is probably the first one that sold you your bandwidth in the internet contract you signed with them. If not them, then your mobile carrier is also providing you the same. However, what most people don’t know is that they almost never come close to utilizing the full bandwidth they contract. That means there’s plenty of it that goes sitting unused — wasted. Additionally, also consider that people aren’t using their internet 24/7, so whenever they’re not using it, that’s more bandwidth going to waste.
Now, here’s the interesting part. Some companies online are giving users the chance to sell their spare bandwidth. When you sell it to them, what they do is then rent this bandwidth to others and allow them to use your IP. Why others out there would be interested in something like this? Easy. These companies also often provide proxy or VPN services as well to those wishing to avoid geo-blockades, do data scraping for marketing insights, or simply change their IPs to boost their privacy and security online.
How Does the Whole Process Work?
As you can see, many out there are in need of extra bandwidth for one reason or another. And you, my dear reader, can be the bridge that connects these individuals to your surplus. Selling this extra unused bandwidth that silently eats away at your budget is the perfect way to not only recoup costs but also supplement your wallet.
Now, the important bit: how to go about selling your bandwidth. To begin, you need to scout the internet first for these companies that are interested in acquiring bandwidth. Pawns.app is one such company that has been making waves lately with their easy to use app and higher payout-per-gigabyte shared when compared to others.
Once you have your target locked on a company you’d like to work with, register with them and install the application they offer on your device. Once installed, all you have to do is enter the app, log in (if necessary), and activate it. You will then be able to go about your usual internet activities or your day-to-day away from the PC or cellphone as the app racks up money. The more devices you run the app on, the better, as it increases your income potential.
Pay varies based on location and the amount of bandwidth shared. But generally, you can expect to make at least $0.10 per every gigabyte of data you share. Not too shabby! Additionally, you can also tweak a few settings inside the app to decide how much you share.
“What about my privacy with some unknown party accessing my network?” is the most common concern that pops up at this point. Settle down: these apps employ robust data encryption and security measures to entrust this data to reliable individuals. You do lose control of that slice of the network you are renting, but at least you can have the peace of mind that the company you’re selling it to will do its best to vet its buyers. Furthermore, should you notice anything amiss, you can always report things to the company for them to take action.
Tap Into Your Data for Increased Income Generation
You can sell data and earn money easily. No matter how you see it, this is just a smart financial move. Sure, a sprinkle of caution is advised, and at least a small amount of tech-savviness is required, but bandwidth-sharing is definitely a surefire way to enhance your financial portfolio. It couldn’t be any easier. You aren’t going to become the next Elon Musk with this strategy, but for earning some extra side money doing pretty much nothing, it’s a passive income stream well worth taking into account.
0 
0 
