Because you manage all the stuff, all your coins and you have not to worry about the payday from cloud mining.
There is a high risk to invest in cloudmining as they have become mistrust and the chances to get scammed are high.
i'm trying mining but it does not work.
I am not able to set all the stuff.
Mining would be more profitable if you have a lot of rigs like them
https://www.youtube.com/watch?v=K8kua5B5K3I
and you live in the country where the electricity is cheap, i never mining bitcoin before because my friend told that mining is unprofitable anymore
This is inspiring but it does not work in all countries.
China produces these mining rigs and you can buy them cheap if you live in that country.
The electricity is cheap because china gets the electricity from hydrocentrals.
I think so especially in my country where the electricity shut down frequently
thats the reason why china is a bigest holder of bitcoin,
in china there is mining company who owned by a secretive group of four people, cumulatively generated 4,050 bitcoins a month, equivalent to a monthly gross of $1.5 million
If i find the youtube link i will send to you.
I have seen in youtube that a secret underground mining farm is in USA which generates around 10,000 bitcoins within a month.
That's a lot of money, and they are/were paying a lot in electricity(can't remember exactly but the price was very large).
In all honesty, the likelihood of profitting from mining is so small that it doesn't really belong in this thread. These super mines that you all have been mentioning do make considerable profits, but the amount of capital and investment required for such a venture is so large that I doubt anyone with access to such funds would be browsing this thread.