I have bad experienced with a cloud mining "hashocean" I think. And also my friend, we've invested and like cloud vanished and not leaving any traces at all. After that I've started to doubt bitcoin and leave. Until now I came back to regain what I've wasted for so long. Scamming sites are made to gain profit to fool others that I condone and will not be on that situation again. My advice is just be careful and be observant on anything/sites other than this forum.
Ive never done cloud mining. I wanted to do it last year, but decided to quit after I made some research and discovered that there isnt any profit in it. Most of them are even scams. I heard it has become worst this time, that people are getting nothing at all.
Yup, and the issue with cloud mining is that you're essentially competing with those huge mining groups that purchase insane graphics cards and mine with them. They are easily worth millions, so when you put in a couple of dollars into a cloud mining service, I don't see how you can beat those mining rigs out.