TBH it's quite problematic and painful to buy and sell physical miners, at least for me it is. A lot of work and trouble (I bought and sold quite a few 65nm, 55nm and 28nm stuff). Some buyers are complete wackos and you're in danger of being fucked when you try to sell the hardware. I just don't have the time and energy to do that anymore. And it takes a long long long time to break even just by mining. Or maybe you never even break even.
Some people see that legit cloud mining doesn't make them enough money. They kind of expect cloud mining farms to be charities which give them craploads of passive income. If that doesn't happen, they join ponzis to get more profits.
Then the ponzis collapse and even cloud mining services are being shut down. All that is left is physical mining. And people don't want to do that anymore. Well, then they are shit out of luck. No more free money created out of thin air by the Chinese.
And after all this people seem to be so disappointed. Their lifelong dreams of getting lots of free money just from sitting on their asses are crushed.