Any news what the job is all about?
no. but I think this is another type of data entry, captcha solving job. as the OP requiring good typing skills and high speed internet to join this job. I think this is another part of captcha entry job op just want to get some typist for doing this job..
The thing is a captcha solving job wouldn't pay that much. If you look at the various sites that offer this kind of work, they don't pay these rates.
Captcha entry pays that much that is why the OP said the more time you put into it, i guessed but OP should shed more light.