I saw many newbie are wanted to invest in cloud mining they didn't know almost all investment site online are scam i'm also victim in any cloud mining site and ponzi scam if you really want to make profit better to mine your own altcoins just build your own mining rig and mine with gpu or cpu..
Just think that there are new free in the internet just to invest don't try to invest such a large amount in any cloud mining site because its not really profitable and anytime soon you can be scam .
this is likely brought about by the sudden rise of the price of bitcoins. That is why there have been a lot of newbie asking this question. Yeah there are plenty of scam cloud mining sites out there. The best thing to do is to just buy from the big famous ones. Though that doesnt guarantee that you will profit from them. I would just advise you to just buy bitcoins instead.