Hello @amjadsharif ,
Thank you for submitting homework task 5 ! You have explained the topic with clear facts.

No need to buy extra equipment for mining.
Noice and heat generator equipment are not required.
No installation and setup fees.
Setup can be run on any location.
There is no risk of fire and other issues arising from self-burning.

Yes there are lot of advantages in cloud mining. You have pointed out most of them. keep up the good work [5]
Thank you