Cloud mining is not profitable. If it seems like it is, the company will disappear with everybody's money after 6 months and there's nothing you can do. After all why would somebody go through all the work of setting up miners, a website, and company so they call sell you profit?
Miners don't cost 100-200k in USD. You can buy small ones for as low as $50. The large companies do have a benefit when buying millions though.
They will come with lot's of reasons cloud mining is needed. Fact is most miners now you plug in like a computer to network and set up information in it. It's not near as hard as they want you to think.
If you want to mine long term get a miner, if electricity is to high in your area look into hosting. Do ROI math. Electricity and space are two big things to consider when deciding hosted or running at home.
WELL IN MY COUNTRY THERE ARE HUGE POWER CUTS AND I DON'T EVEN HAVE MUCH SPACE IN MY HOUSE .ANY MINERS U SUGGEST .MY BUDGET IS LIKE 50 TO 70$$ AND OF COURSE PROFITABLE!!!