IS GENESIS MINING WORTH IT?

Dear Steemians,

I am contemplating on investing with Genesis Mining but I am wondering if it is worth the investment?

I understand that Genesis Mining is website where users can purchase cloud computing power and start mining Bitcoin, Ethereum, Litecoin, and more daily.

In my research, Genesis Mining seems to be a legit way to start earning crypto currency daily.
It seems very cool that you can make money like this and I know there are a lot of people into cloud mining.

I also came across this video that gave a very good review on Genesis Mining:

However, there are some other forum posts and videos stating that Genesis mining is a scam. They claim that Genesis Mining is not a real company and that they knowingly sell contracts which won't make a return on investment.

What are your thoughts?
Is Genesis Mining legit?
Do you have experience with cloud mining?

I would love to hear from you!

Cheers