I highly doubt that anyone besides "home and newbies" buys these cloud mining contracts anyway, if buying the gear now, mining at home with free power makes no sense at these prices - who would buy a year-long contract?
Hihi, yeah I was trying to say something a bit different but I had to use the term "home", to make the comparison. What I was trying to highlight was the price in $, with 20k to put upfront in investment it's not the average Joe they are targeting, so just as home mining with real gear is going to become something impossible for people with median income if we continue like this, it seems cloud mining will also start to be one.
But it's normal, after the fall of the Warsaw Pact every city, every street even every block of flats had an "ISP" provider, now there are only 14 left in the country.
Mining will go the same way.
They have also dropped the lousy S9k prices to $63, and they still have the guts to sell it's PSU for $86, and make no mistake they will still sell some at those prices.
Wow! They are really desperate to sell those things. They went for nearly 1000$ in 2017-2018, if I remember correctly? And how many do they still have, or actually...are those things new? Not advertised like new, new in reality?
Meanwhile:
... between +7.6908% and +7.7264%
With 20 hours to go, 7.5% is certain.