Ok, good to know, so could there be any alternatives? I've heard about cloud mining, but I'm not entirely sure how that works.
dont do cloud mining, most of them are just scam in the making and some are not really profitable or will take year/s before you can get ROI. try to rent a mining rig here
https://www.miningrigrentals.com/ and point it to which ever pool you like to join or just use it to mine alt coins