With scammers everywhere wanting to capitalize on one's lack of knowledge, how can I idenify which mining opportunities are genuine to avoid falling victim to scammers. Help out with whatever knowledge and experiences you might have.
Don't ever mine using some oneline service. 99 out of 100 times it's a scam. Cloud mining and mining in general is practically not profitable for the average Joe. The difficulty has come to the point where you would need to be very rich or a pool of money in order to even think about being profitable on mining. Even then, the difficulty could increase significantly over the time you expect to be mining, making you continuously put money into the mining rig for the chance to not even get your money back.