It is interesting to note that traditional corporate giants are getting into cloud mining, but the ticket size seems to be too large at $5Mn.People who have $5Mn might be ready to actually invest in mining rigs and mine on their own. It is for the smaller ticket transactions that cloud mining contracts appear attractive.
You are right with this assessment. Maybe they are just offering that big ticket part due to good number of inquiries but will eventually have an affordable packages soon. It is really nice to see that many big corporations are now slowly getting into the business related to cryptocurrency mining. These firms must be seeing a brighter and wider market which we small players are obscured to see as we are more concerned with our own falling cryptocurrency holdings. Since companies like this got the money to heavily promote their own offerings this can be a good opportunity for cryptocurrency market to get promoted too.