I cant believe there are still many people fall in this such cloud mining site which is just another ponzi scheme site. Wondering is it that hard to learn from past experiences on scam cloud mining sites.

If its cloudmining then its a scam OP. Don't trust any cloudmining site that you stumble upon on the internet. Everything that is written there over there are lies so that you will invest in it but there will be no ROI.

Please, Guys! don't be so rude he is just asking politely, I really think that we should inform our newbies about certain things regarding cloud minings and a specific idea that it can turn out to be a scam when they accumulate the amount they needed when someone invests in their site, Well Newbies are just joining in without further research on the matter and I can't blame them for not having enough information in legit ways you can earn Cryptocurrency, But In my opinion we should be considerate towards them and be more understanding as a pioneer on this Forum.

Cloud mining simply doesn't work, just stay away from it. There is nothing nice to say about cloud mining. Buy your own Asic and mine yourself, or buy the coins directly and wait some years.

A word of advice to you.
Avoid cloud mining at all costs. You better off using that money doing some trading after learning some trading or just some good coins like BTC And Hodl till you achieve your target.

It certainly is suspicious, I'd advise looking into who owns the domain, tends to be a good way to gauge legitimacy.
If the guy is anonymous then you best avoid it, otherwise I'd suggest looking into their background and online activities, can't be too careful these days.

Why we should mind?

Even known cloud mining sites as of this moment is never been profitable.If you do look at their contracts which do have short duration with rising difficulty then your investment would most likely wont be profitable in the end of the contract so we can really say that this is just a useless thing.
Better mine on your own if you do have the miner and cheap electricity.It would be more ideal.

I have never experienced it, and most importantly we must always be careful in investing.

We can say that this is scam because your money will be waste. Or worst you will never get any return of investment. I think most victim of that scam newbies who are very enthusiastic to earn and to get rich in a short period of time so they will try anything. But take even a short look on this site,it's information is very limited even the owner of project is not indicated. So be carefull.