To be fairly honest, they don't look like a scam to me (may shutdown business but not for the sake of running away with the money), but do not take my word as a fact or anything.
I don't think they're not a scam business because mainly they're not offering bitcoin mining but rather various more profitable coins. Also, their site looks most professional of most and also one more positive thing is that they're not promising huge ROI in a few days.
But cloud mining services are in a bad position today and will continue on to be if they still focus on mining bitcoin mainly.
I love the idea of cloudmining and always will, but do not take my word here as a green light for investing in this one. This is just my opinion.
Professional looking site, tells nothing.
They do offer bitcoin mining, but its currently "sold out".
In general, not only for Genesis, why would a cloudmning company prefer to "share" the profits from mining if they are a profitable industry?
To me the answer is simple.
Because in the end you wont profit at all, or even worse loose your intial investment.