Here’s Why Leasing Network Bandwidth May Be a Good Idea

If you or other members of your household do not work from home, chances are that you leave your router on perhaps to ensure you can monitor and operate your smart home devices. And when you are home, you may not always use up all the bandwidth allocated by your internet service provider (ISP), for instance, when you are asleep or alone in the house. But did you know every minute you do not maximize your allotted bandwidth easily translates to a loss of passive income? This is because you can lease network bandwidth, and in this article, we detail why this may be a good idea.

Residential Proxies

A residential proxy is a software program installed on a real user’s computer or mobile phone that, in turn, converts it into an intermediary. This intermediary then routes traffic from the proxy service provider’s customers through itself. A residential proxy, therefore, creates a setup whereby web requests from these customers, some of whom are located in different countries, appear to have been sent by the real users’ computers or smartphones. In fact, the requests acquire the residential IP addresses that the internet service providers (ISPs) assign these users.

For the real users to consent to their devices being used by the proxy service providers, the latter usually rents the former’s unused/excess network bandwidth per gigabyte (MB) or megabyte (MB). The residential proxy users (the providers’ customers) then pay a given amount per GB or MB to use the residential proxy. In simple terms, a provider rents out network bandwidth from real users at a lower price and then resells it to its customers at a higher price.

Uses of Residential Proxies

Because residential proxies assign residential IP addresses, which belong to real users, they are not easily blocked. This makes them perfect for web scraping, the process of collecting publicly available data from websites. Also known as web data extraction or web data harvesting, web scraping involves the sending of multiple web requests.

Residential proxies, especially rotating residential proxies, keep to a minimum the number of requests originating from the same IP address, preventing the display of CAPTCHA puzzles. In the event of detection, the association with real users becomes a redeeming quality.

In this regard, if you lease your network out to proxy service providers and, by extension, the residential users, the web scraping requests will be channeled through your computer or mobile phone via the installed software. Therefore, all requests will appear to originate from your computer or phone. In exchange, the provider will pay you per GB or MB, meaning that leasing network bandwidth is a passive income earner.

How to Lease Your Network Bandwidth

Leasing your network bandwidth is pretty straightforward. All you have to do is to follow the procedure below:

1. Identify a reliable proxy service provider
   It is important to read their terms of service and privacy statements. A good provider will transparently outline the data they will require from you. Additionally, it is crucial to determine beforehand how much money you will receive per GB.
   
   Per the information provided by the provider, you will also establish the payment methods and basic requirements, such as the minimum allowable upload and download speeds and the latency.
   
   For example, Oxylabs is known to be one of the most reliable, ethical, and robust proxy service providers out there. Be sure to check them out!

• Create an account with the service provider through an online portal
• Download and install the provider’s leasing software

The software is a liaison between the residential user, yourself, and the service provider. It enables you to monitor the daily bandwidth usage and can let you make changes to the usage ceiling.

• Start leasing your network bandwidth and earn money

Leasing your network bandwidth is risk-free as most providers ensure they uphold the highest data privacy and security standards stipulated by existing laws such as the GDPR and CCPA.

Benefits of Leasing Your Network Bandwidth

As stated, bandwidth leasing provides an excellent avenue for earning passive income. And given that your unused bandwidth would be lost anyway if you opt not to rent it out, it makes good financial sense to lease it. The funding from the passive income could, in fact, go a long way in offering the following advantages:

1. Paying for your internet connection
2. Cushioning you from economic uncertainty, such as what was experienced during the pandemic, and uncertainty of job loss
3. Offsetting reliance on your monthly paycheck, enabling you to earn extra money that you can use to pay your mortgage or loans
4. Providing income that can go toward your savings

Conclusion

You can earn passive income by leasing your unused internet bandwidth. And what is even more appealing is the risk-free nature of such an endeavor. All you have to do is to identify a reliable proxy service provider, create an account, and install leasing software.