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Fair enough, the only downside to mining directly is the up front cost of the ASICs

3 sats \ 2 replies \ @SkyLords 10 Sep -30 sats

You are right, ASICs are expensive. But personally, I would rather put the money I would spend on cloud mining toward buying an ASIC and paying the electricity costs. According to my own calculations, the hardware can pay for itself in a reasonable time, although electricity prices and ASIC costs vary a lot by country. ASICs are expensive in Türkiye too, but I tried cloud mining with a few dollars around ten years ago, and that experience made me very cautious because there are so many scams in that space.