Cloud mining is an old scam. Only the newbies fall for it now.
Cloud mining achieves none of these. People won't be mining, they won't be getting bitcoins (not for long anyway), it won't contribute to the price rising.
The reason is simple, any cloud mining is either purely a scam Ponzi scheme or will turn into one sooner or later.
They build Ponzi scheme on Cloud in particular Cloud mining.
There is a guide for newbies to avoid Cloud mining scam but it's sad to see the author account turns to be a scammer with a Ponzi too.
▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁