The entire story sounds more like a 'quick start, but unable to finish' scenario. You didn't ask proper questions or conduct thorough research before embarking on this journey, which has left you with nothing but losses.
Ideally, the proof-of-work protocol makes mining competitive. I believe you are aware that you are not the only one contributing to mining, as there are hundreds and thousands of people out there with greater mining power. There are more areas to channel attention to for those with little investment.
2. Suggesting people to choose cloud mining over ASIC or platform like NiceHash is terrible suggestion. Cloud mining generally is scam or unprofitable.
The cloud mining story has really been a recent excuse that most people don't even buy. ASIC is preferably the miner's choice, and considering how difficult mining keeps getting, pool mining is gradually increasing in the mining industry.
And why can’t you mine yourself if you have a place that can be inexpensively equipped for mining and have inexpensive electricity. Video cards are now losing popularity in mining and the demand for them in stores is constantly falling. ASICs are easier to control, but to start, I would like to have at least 30-40 kilowatts of allowed power.
The OP literally had a low budget that couldn't match the cost of mining equipment and electricity bills, thinking that the mining business is as smooth as it's written in articles. Of course, if there is availability of mining equipment, a good environment, and low electricity bills, then mining should be made easy for those with knowledge.