TLDR: No

The only people mining right now are people who already have bought and paid for hardware from years past or those with very cheap or free electricity.

I have a few cards mining right ETH and ETC right now, and they have been paid off for some years during the last cycle. But even without worrying about ROI it is still borderline as to the profitability with mining, i.e. is it cheaper (and easier) just to shut them off and buy ETH outright when its cheap.