The thing with ETH mining is, they are switching from POW to POS which is a crazy move IMO. Now we have price drop along with difficulty increase  which is a crazy situation again and miners should go through and be patient but wait ... they are waiting for what? Ethereum difficulty bomb and POW becoming worthless?!

It is what going to happen: Ethereum mining will become worthless in few months (ETH price being recovered or not), miners jump to other gpu-friendly altcoins (ETC, ZEC, ... )  and consequently we will be witnessing a HUGE difficulty jump on those chains and a serious profits cut as a result.

Gpu mining is going to die , viva gpu mining.