this business model of cloud mining is very disadvantageous to investors and very advantageous to the owner of cloud mining. Just look at the TOS that these cloud mining owners use on their cloud mining sites
I'm pretty sure people who join any cloud mining won't get any (decent) profits. They spend more to get pennies. Not worth at all. But the irony is, some people will get blinded by the opportunity to get rich without doing anything. All of my friend who bought a cloud mining package in the past, in fact, make more money doing their usual job and they wanted to sell their cloud mining account now.
Let's just hope people get smarter so they don't fall for trap (or a disadvantageous business model) or scam project like this.