Yes.
You don't have to mess around to buy, assemble, configure, operate and maintain the mining hardware yourself.
If something goes wrong with any of the hardware components, it means downtime for you and will not be getting your payouts.
Cloud mining mines the coins 24/7 without downtime. You just sit back and collect money daily.
No need to worry about electricity costs, where to put the noisy and hot mining rig in your house.