If you are in the crypto mining space fro 2014, you should be a multi millionare by now. Mining ETH from the beginning yelded incredible results. Therefore it i hard to believe you.
The question is a business orientated. Make assumptions, get the the expenses and just calculate which of the options makes more sense ang go with that.
Do you always make right trading decisions?

Really?
In Autumn 2014 Nobody didn't suppose that Ethereum will reach 1k USD. I had read about ETH and didn't invest during the ICO (It was one of the first ICO ever). But at that time the situation didn't look so good.
And my first mining experience was with BTC ASICs like S1 and S3. I even bought liquid cooled C1 but it's also was not right decision.
Enough times I lost crypto when exchanges scammed. Do you remember Cryptsy?
Although now I'm in enough good profit. Of course not millions and even hundred thousands but cryptocurrencies give me good income and now I would like to make smarter decisions in future. So because of I began this analysys. It helps me systematize my knowlidge/experience