If Cloud mining was profitable why would they be selling it instead of using it themselves?
you are right.
why do I sell mining shares?
Why do I not profit alone?
It is easy as 123.
Alone I earn almost nothing and "in fine" I even loose if I count the electriciti cost.
But I give out free shares so the cloudmining site makes profit like a faucet site.
People can then as well buy shares,because the shares make profit.
Profit I could not make alone.
I return you the question:
why does faucet runners give satoshi away?
For the same reason with my cloudmining.
For honnest cloudmining owner ofcourse it is the same:
they need your cash to buy performing miners.
So far it is not interesting to invest in my cloudmining...it is whi the possibility is not yet possible (only free investment is possible)
But soon i think it will be possible.
And we will have the same story:
alone you will lose money if you buy a U2
if you invest in my cloudmining,you will lose less (lol) and perhaps even ROI with profit if my cloudmining has success.