bleak. haha. I called the guy at at Musk Mining. He seemed pretty legit, but if you crunch the numbers the pay back periods aren't that great even when you freeze at todays price and difficulty.
I would mine coins only on my equipment and on my territory. If you don’t have such an opportunity now, then buy bitcoin. Any mining host will always work in their own interests and find a way to outsmart you with a contract to purchase and maintain your ASIC.