Nope. Thats what my whole point is about. Cloud mining wont help you to earn more bitcoin.
If you buy bitcoin, the count wont change. If you invest in cloud mining, you will end up getting less bitcoin than buying it in first place. Post 2016, Cloud mining always produces less bitcoins than buying with the same amount of money. The reason is increasing mining difficulty(almost 40%/ month).
When you can buy more bitcoins for the same price right away, why one needs to put money in a third party company, which will give less bitcoin for the same price over a period of time?
Any proof of these statements? I have calculated it for myself and I am going to get more BTC than I used to buy my mining power. Now it is true that I have received some referral bonusses.
Anyway the profit really depends on the price of Bitcoin and the mining fee that gets substracted from the revenue. If Bitcoin gets back to ATH and stays there for a while, my BTC amount will stack up faster than ever before :-)
Not sure what do you mean by you "calculated it". In your calculation, did you include the 40 percent average mining difficulty every month(per 2017). Meaning every month, bitcoin generated through same hash power is going to reduce. By 12 th month you would almost get nothing mined out(comparing wigh first month). If you are using coinwarz are something similar to calculate, your calculation could be extremly wrong.
Example, when i did a calulation for eth using coin warz, it showed 21 eth will be mined. But when i included 2017's difficulty in calculation, ETH produced is 6 only. The calculation was incorrect by 70 percent.
Also, if the price reaches ATH, difficulty will increase further as a result, lesser coin will be mined.
Either ways, you will end up getting less profit than simply buying bitcoin directly as ur contract will end up producing less bitcoins.