What is MegaTypers?
MegaTypers is a company offering an online typing job. They pay you for
typing CAPTCHA which are letters, numbers or combination of both used
as a challenge to determine a human from a non-human response. They
will pay you from $0.60 to $1.05 for every 1,000 CAPTCHAs you type.
Payment is through PayPal or Liberty Reserve with a minimum cash out of
$5. Signing up is through a referral system and members with referrals
earn a commission on the earnings of their referees. Payment rates are
shown below:

My Experience with MegaTypers
I joined MegaTypers without giving it
too much thought. I was optimistic about it and because I have a good
typing speed I thought I can earn well through it. My initial reaction
to the pay rate was disbelief. I thought to myself that it was very
small but the optimist in me chose to ignore that and just give it a
try. I spent so many hours typing. There were even instances where I
woke up very early in the morning, around 5 AM just to catch the higher
pay rate. I was disappointed. I observed that during the hours when
pay rates were higher, the number of CAPTCHA available to type
decreases. You will end up staring at your screen for 30 to 60 seconds
before the next CAPTCHA appears. The higher pay rate was offset by the
smaller number of CAPTCHAS you can type. This made me think that maybe I
was better off typing during the smaller pay rates, at least the
CAPTCHA are plentiful. On one saturday, I typed almost 8 hours and
earned a measly $1.42. Talk about slavery. My all-time high earnings
is $5.51.