I pay US$0.22Kwh so it's definitely not profitable for me at current market conditions, conditions which goes to show how weak "HODL" mentality market participants are.
Well asic is really a big problem, the real reason all crashed is because of asics. ETH already crashed 300%, dont think it will crash further, now only pumps and pumps till eth hit $3k but first for that to happen there will be a very good news and then boom and the good news will be soon.
People are doing a mistake for selling at this price.