You can pretty much buy 5 antminer s3's for this price. If power isn't an issue (free) you will end up with 2250 Gh/s (1800-1900 watts) so in turn you will roi faster. Also you can underclock/undervolt them and get 1500 Gh/s @ ~800-950 watts. I wouldn't ever do cloud because in the end poof its done and gone where as if you had hardware you could resell it or if the price rises you can turn them back on.