I have contracts with both Genesis and Hashflare. An important variable is the contract duration. When I was looking Genesis was 2 years and Hashflare was only 1. Big difference. Also, Genesis have been having issues recently and payouts have become unreliable. Buyer beware!
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For Bitcoin mining on both of the websites, it's a permanent contract. The one yr vs 2 yr contracts are the ETH, dash and scrypt contracts which I didn't cover in this. Hashflare has always been good with payouts and their website issues have been the only problem for me.
Good point. Thanks for correcting me, it has been a while since I researched into cloud mining.