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.
I believe you're talking about cloud mining. IMO you should waste you money in cloud mining, it's not worth. With normal exploration with antminer or asicsminer you will have to spend around 2 years to be able to take all the money you invested in gold mining back but it'll be longer if you use cloud mining. Beside there are a lot of scam cloud mining so it's not easy to learn a truthworthy one so you should better stay away of cloud exploration and try to earn from a few other way like trading, buying ICO job or maybe holding.