As you mentioned, the market is currently bearish, thus I believe that now would be a good moment to mine bitcoin or other cryptocurrencies.  This is different from the past, when there was no such thing as "spread money" and some tokens or coins seemed to increase more easily during bullish times. Regretfully, I believe that cloud mining is a little less worthwhile at this time because we know that it is the same as speculating and hoping for a high increase in the tokens or coins that we have mined.  Therefore, I believe that investing in cryptocurrency, particularly Bitcoin, is preferable to cloud mining, cmiiw.