Having spent time and money the past couple of years trying out many of the trends on the cryptoworld i have had my fair share of cloudmining.
To be honest,i am actually very happy with it,not because it is legit but because you can take advantage of it so many many times,
I have invested money to every single half-decent cloudmining service,not because they are honest or have realistic models but because by investing ASAP you can make a good profit.
After having received 2x my investment from Hashocean,of course i was sad that it got "hacked" but i was happy with my investment.
I invested on BITMINISTER the first day it opened and have made a very solid profit till today,the 91st day of 3% daily.The golden rule is that ALL Cloud miners will close and take your money with them.
Based on the fact that it just closed a circle of 90 days and their user sign up has slowed down,on top of the biggest reason,BONUSES on top of Bonuses and unbelievable offers on 9% daily.
I am 100% sure and willing to bet against anybody that in the next 10 days Bitminister will dissapear.
DO NOT INVEST!
DO YOUR RESEARCH
IF IT SOUNDS TO GOOD TO BE TRUE,IT IS!
My opinion is that except maybe 2-3 cloud mining services all are Ponzi schemes.
Hashnest is as legit as it gets.It is owned by BITMAIN and offers a fair variety of contracts to choose from and it is the service i have invested most of my cloud mining budget.
Genesis mining seems that it is not a Ponzi scheme but it is next to impossible to get your ROI back.
It takes about 680 days and there are so many things that may change that number.
HashFlare Is probably my favourite.With a 280 days ROI (best estimation,some factors cant be predicted)
Simple UI,friendly customer service,European based,Brings out a sense of a legit effort.Worth some of my crypto.Recentlly added DASH contracts on top of BTC and ETH.