Hi Guys, cloud mining is profitable with Genesis-Mining and you will get a daily pay out, if you mine a min. of 0.0015 BTC per day, or if you mine a min. of 0.001 with DASH per day.
The BTC contract is for your whole lifetime and all alt coin contracts (ETHER, DASH, MONERO, LITECOIN, ZCASH) you will have for 2 years. A important point where you have to take care, is the difficulty of each coin, for example ETH is very profitable now, but this will change very soon, because the difficulty is going quick up right now, with Genesis Mining you can change from ETH mining to ETC mining, where the difficulty is not that high and your original ETH contract is getting profitable again. A good website to check how profitable a coin and the contract is, can you check here: www.coinwarz.com and don´t forget the price of all coins could go down or up!
I started with Genesis Mining 15 days ago with 16TH/s BTC (1915USD with a 3% promo code) contract and my mining earnings are 165 USD. My break even point will be in around 200 days. If you need more information let me know. Sign up here: https://www.genesis-mining.com/a/1003971 and get 3% discount on my code: nLQFmh
Happy Mining :)