See, you just can't fix stupid when people are so greedy they can't even think straight. If your only goal is to make money (assuming fiat conversion is endpoint) then getting as much coin as possible is the method. If you're mining at a loss then you are actually losing coins.

If you spent $5 on electricity but only get $3 of XMR you're losing $2 of XMR you could have bought on an exchange. That's is completely irrespective of owning a miner or not.

People - sit down with an actual piece of paper and draw it out with pictures if you have to.

Now, if the sheer joy of watching a miner spin fans and make noise excites you more than the mining loss then by all means mine away.

If your goal is to make fiat money from crypto conversion, then it never makes sense to mine at a loss. NEVER.