Yeah Genesis Mining has become a scam site now.
Their owners don't hold their customers interest at heart, but try to squeez out every little penny out of them.
Very said Marco.
The Genesis mining is selling 12 months mining contract for Ethereum. But Ethereum mining will finish before end of this year.
They do not sell them no more as they sold out.
But in the contract they did explain that at some point ETH goes to POS and when this happens they will transfer the ETh hashpower to X11 at a ratio of 1MH/s ETH to 1MH/s X11 for the remainder of the contract.