I am just wondering about the cloud Mining services out there that allow you to purchase computing power in order to mine, they're obviously scams right? If someone has the computing power to sell why wouldn't they just use it to mine themselves? Is it just because they don't want to take the risk with market volatility?

Coinpoker name: SpeedoSam

I'm new to his forum but it looks interesting. Old 2000s vibe lol