The math in mining changes every day.
With an Ethereum price of $ 1,000, you have a profit of 60 cents, but you can sell coins when the price approaches ATH.And your profit will be 5 times more.
The math absolutely does change, but my point is that since I thought video card prices were too high in proportion to the fiat profit (profit fell by half, but GPU prices only fell by 5-10%), I decided to sell half my video cards while I could still get a decent price. The fiat profit matters because it influences GPU prices, even if I don't care about it myself.
I will sit on the cash, then when GPUs are cheaper, use the cash to buy more cards than I sold.My priority is mining as much coin as possible during this crypto winter, therefore the # of cards does matter.
That is the right thing to do.Keep mining in this crypto winter while we wait for the price of cards to fall even further but for me even the prices now for example of a Rtx 3060 at 399 EUR brand new with the 100% unlock at 49 Mhsh is a very good price,with 3000 EUR you can build a full rig with 6 such cards.It is in these times that difficulty goes down and it has for Ethereum which is at 12.79 P for the first time in a couple of months below 13 P so things are looking good from a mining perspective no matter we are in a bear market.