Urgent Read: During this Bitcoin correction, the question came up about the end of some cloud mining contracts.

During this Bitcoin correction, the question came up about the end of some cloud mining contracts?

What is your view on it?

If Bitcoin price goes below $3200 then the maintenance fees will be more than what you are mining on Cloudmining contracts and it will be terminated.

If you look at the Terms and Conditions of some cloud mining websites:

• Hashflare : If mining remains unprofitable for 21 consecutive days the service is permanently terminated.
• Genesis Mining : In the event of a contract becoming unprofitable the resulting daily payout will be zero. After that, the contract will continue to mine for 60 Days. If the contract does not return to profitability in this period it will be terminated.

Take some time and go read the Terms and conditions of your cloudmining contracts.
But since we all believe that Bitcoin will recover....Like it always does, is it a risk to take?

So tell me whats your oppinion on this???