How It Works

The Cloud Mining Process and the interactions between institutions
  • Our strategy involves 3 institutions. 1. Your banking institution. 2. Coinbase. 3. KSD Miner.
  • You will need to buy cryptocurrency, but only to fund your KSD Miner account.
  • There are some transaction fees that the cryptocurrency platforms charge, but they are minimal.
  • Once you have purchased your cryptocurrency, we recommend that you quickly get it into your mining account. This way you are not susceptible to market volatility.
  • Once it is in KSD Miner, it does not go down in value.
  • When you withdraw it, we recommend you quickly get it converted to US Dollars (we will show you how to do that).
  • Keep in mind that Uncle Sam will want his cut, so any money you convert from crypto to US Dollars may be susceptible to Federal and State income tax depending on your situation. Prepare/save accordingly.

This flowchart illustrates the logic behind our methods to help you leverage mining contracts for profitability. By combining the financial institution of your choice, Coinbase, and KSD Miner, you’ll be able to achieve high income potential.