My mining experience shows that mining era is slowly dying. Since ETH mining ended, all the equipment dropped in price and now it's just rotting. However, you can become a validator and try to earn there
And you are not long in mining. Such bear market is normal, sure this time it was a bit harder for miner than the previous cycle, but in the end not much.
If i compare 2019 with 2023 it is nearly the same. In 2019 the profitability dropped also very hard, not like the ETH merge.
And a validator for ETH? For 3 - 4% yearly return? no thanks