It always ebbs and flows - first CPU then GPU, then FPGA, then ASIC, then CPU, then GPU, etc, etc... For all the time I've been mining, everyone always says "This is the end!", but it always seems like right at the last minute, something changes making the economics shift, and you're back in business.  Maybe that happens again, maybe not - the reality is that what's really happening is the less sophisticated or more risky miners are getting flushed from the system, but to my mind, that's how the system has always worked.

I love this thread - there's some interesting perspectives, and fun comments, but in particular I love the fact that there's so many different long term forum members posting their thoughts, instead of just the deluge of single post users asking the same thing.  Just reminds me of the 'good old days' of crypto.