Warning: Cloud mining is never a good idea
The most important thing to know about cloud mining is that it’s never a good idea. Functionally, cloud mining will always mean paying too much money for too little cryptocurrency.
Many cloud mining companies are outright scams, but even when using a supposedly reputable one, you’re still almost certain to lose more money than you earn.
The best possible outcome is that you cloud mine a good amount of cryptocurrency right before or as crypto prices rise, and then you can sell it for more than you spent on the cloud mining contract.
But even if you’re lucky enough to do this, you’d still make much less money than you would have by just buying cryptocurrency instead.
Find out how to buy Bitcoin or compare cryptocurrency exchanges to search for a cryptocurrency market.