Eth block times are rising, its going to kill the little profit you can make. Unless we get a rally AMD cards are going to be worthless form mining. At 10 cents a KWH you are making pennies a day per card or losing money. I have 4 cents a KWH and my profits are terrible, worst in the 3 years I'm been mining.
The Ethereum network is now producing less ETH per day. Block rewards have reduced from around 13,500 coins to 12,500.
https://bitcoinist.com/ethereum-eth-block-reward-reduced-by-1000-eth/Yes profits right now are the worst since late 2014/early 2015. I remember even late 2015 was much more profitable than today. Even after ETH had that large crash due to the DAO hack in 2016, I think I almost made like $2 CAD per day per R9 280X GPU, and people were complaining back then about profitability.
I don't remember what I made in the <$200 BTC days but mining profitability was probably still better than today and the only alt coins to mine then were mostly X11 coins like Darkcoin (now Dash).
Didn't realise that ETH is hitting the ice age again, I remember this ice age was brutal in late 2017 but I guess its slowly approaching those levels. However I am pretty sure the fork next week delays the ice age?