Remember the good-old days? The days where you could purchase a cloud mining contract and receive a share of the block reward without the need to set up hardware or software? I mean, most services were scams back then, but the concept/idea was great. At the time of this writing, only a few legitimate services remain. I'm talking about NiceHash, Genesis Mining, and Mining Rig Rentals.
I wonder if cloud mining is still worth it in 2025? The market is somewhat-bearish, so now might be a good time to mine BTC and a few PoW altcoins. Don't you think?
Given that the market is currently Bearish, I think maybe it is a good time to do Bitcoin Mining or some altcoins as you said. But unfortunately if we do cloud mining for now, I think it's a little less worth it, because we know that it's the same as speculating and hoping for a high increase in the tokens or coins that we have mined, and this is different from the old days, where there used to be no term "Spread money" and in the past some tokens or coins seemed to increase more easily during bullish times. So I think it's better to compound on crypto, especially Bitcoin, than to do cloud mining, cmiiw.