Tutorial - A step-by-step guide to making money with Cloud (Cryptocurrency) Mining

Explore the world of cryptocurrency mining with our comprehensive step-by-step guide. Learn the ins and outs of KSD Miner contracts and how to effectively earn money. Join us on this exciting journey into crypto mining!

This detailed 8-step process includes everything you need to know about making a profit with cloud mining contracts. Included are the steps that were not obvious, confusing, or missing. These are the steps that we needed to pay extra attention to in order to make the whole process work.

While there are other cryptocurrency platforms you can use, and other forms of cryptocurrency, we have focused on Coinbase and bitcoin for this tutorial.

Index

  1. Step 1: Create a website mining Account
  2. Step 2: Buy some Cryptocurrency
  3. Step 3: Send Crypto to your KSD Miner Account
  4. Step 4: Set up your KSD Miner Account
  5. Step 5: Buying Contracts
  6. Step 6: Monitoring your contracts
  7. Step 7: Withdrawing Crypto Profits
  8. Step 8: Converting Your Crypto Profit to US Dollars

Step 1: Create a KSD Miner Account

Creating a KSD Miner account is easy and FREE!

This tutorial is provided to you free of charge, the only thing we ask of you is that you use the referral code when you create your account. That’s it.

This link will get you started: Click here to sign up for a free KSD Miner account. Please make sure to use referral code 5241715.

To learn more about KSD Miner, here is the link to their FAQ page.

Step 2: Buy some Cryptocurrency

After you have created your KSD Miner account, you’ll need to fund it. Since KSD Miner only deals in cryptocurrency, you’ll need to get some.

While you can use many different platforms, we use Coinbase to purchase cryptocurrency.

If you need to create a Coinbase account, you can do so here: Coinbase

In Coinbase you’ll need to connect to a funding source.  Click on your avatar/initial in the upper right, select Add account and follow the prompts/process.

Once you have added your financial institution to Coinbase:

  1. Select the “Buy” option
  2. Enter an amount
  3. Select the account to pay with
  4. Select “Buy Bitcoin”
  5. Select “Review order”
  6. Check fees
  7. Select “Buy Now”

Check your “My assets” section for your Bitcoin balance.

Step 3: Send Crypto to your KSD Miner Account

In KSD Miner:

  1. Select “Recharge” (Recharge = Deposit)
  2. Enter recharge amount
  3. Select BTC as deposit method
  4. Submit and copy the Wallet Address
  5. Go to Coinbase:
  6. Select “Send crypto”
  7. Paste the KSD Miner wallet address
  8. Select Bitcoin network
  9. Enter the amount to match the recharge
  10. Preview and confirm transaction
  11. After sending, monitor Coinbase transactions until “Completed” status appears. View the transaction hash and screenshot it.
  12. Go to KSD Miner:
  13. Return to the Recharge page
  14. Re-enter recharge if needed
  15. Upload your Coinbase transaction screenshot
  16. Submit and verify funds appear in “Available Balance”

Step 4: Set up your KSD Miner Account

Set up withdrawal wallet address and payment password:

  1. In Coinbase, find and copy your Bitcoin wallet address (found under Crypto Addresses).
  2. In KSD Miner, paste it under Wallet Address settings.  This is where your crypto profits will be sent to.
  3. Set Payment Password.  This password is used whenever you purchase a contract.

Optional: Enable multi-factor authentication.

Step 5: Buying Contracts

Select and purchase a contract carefully. Look for bonuses or dividend offers. Always click on “View Detail” for any contract you may want to purchase.  Most contracts don’t have any additional stipulations, but sometimes they do.  Look for VIP consecutive purchase contracts and BEWARE of the additional requirements for this contract.  Likely, you will want to stay away from these contracts.

  1. Select “Explore Contract”
  2. After reviewing the contract detail, if you still want to purchase it, click “Invest Now”
  3. Enter purchase funds amount
  4. Enter Payment Password
  5. Submit payment

Step 6: Monitoring your contracts

Monitor contracts in the “My Contract” section:

  1. Active contracts will show a countdown timer in the NEXT PAY column.  This is when your account balance will receive the daily profit for that contract.
  2. Completed contracts will say “completed” in the NEXT PAY column.
  3. Your Dashboard will show your available balance.  Use this to leverage purchasing the best contract you can.  Take into consideration the length of the contract as you may want to coordinate contracts to expire close to each other in order to leverage increased buying power.
  4. Once your contract is up, the purchase price of the contract is returned to your available balance letting you use it to purchase more contracts.
  5. You receive profits every day.  You can buy contracts anytime your available balance is large enough.  You don’t need to wait for contracts to expire before purchasing more.
  6. See more about contracts on our Strategies page.

Step 7: Withdrawing Crypto Profits

The minimum you can withdraw is $100.00.  There is no maximum limit.

  1. Go to “Withdraw”
  2. Select wallet address under the Withdrawal method field.
  3. Enter amount that you want to withdraw
  4. Enter Payment Password
  5. Click on Submit

Funds should arrive in Coinbase within hours.

Step 8: Converting Your Crypto Profit to US Dollars

In Coinbase, convert Bitcoin to USDC

  1. Go to “My assets”
  2. Select “Convert”
  3. Choose From: Bitcoin, To: USDC
  4. Enter amount
  5. Once your crypto is converted to USDC, under My assets, Cash, select USDC.
  6. Select Withdraw cash
  7. Enter amount
  8. Select the financial institution you want the funds to go to
  9. Select Preview
  10. Click on Withdraw now
  11. Funds should show up in your financial institution within a few hours

If you’ve read this far, you are likely are or are going to be a crypto miner. If you have questions or need assistance, you can fill out the Contact us form and we’ll help the best we can.

Be sure to say “thank you” by using the referral link when you sign up for your KSD Miner account.