Genesis mining Ethereum contract is not profitable at the current hash rate growth.
Cost of 100 M/Hs $2716 ~$2800
If the Hash rate continues to grow at the same rate you will get about 4.3 ETH coins (If you started in early June 2017). That is it!!!!
ETH must be $800 to break even and get a tiny profit.
Much more profitable is to buy the coins. At $330 You get about 8.3 coins.
but that isn't gm's fault. that is because a shit load of miners are mining ethereum. this is cloud mining an alternative to buying a rig. my rig had a burn out only 3 months old, this doesn't happen with gm. you mine hoping the price goes up that is why a lot do it. this is where the shouty people start getting confused, gm offers a service, if the profitability decreases that is fall to do with GM. yes there is some shit with btc contracts but 2 years mining ethereum, monereo seems straight forward. it is an investment and they go up as much as down, or just hold btc, no one knows the future, but if you want to mine without a rig cloud mining is the way.
if you want to trade trade but they are separate things.