Is Ethereum PoW profitable?

With the rise of Ethereum and its transition from Proof of Work (PoW) to Proof of Stake (PoS), many miners and investors alike are wondering: Is Ethereum PoW still profitable? Given the decreasing block rewards and increasing difficulty levels, one might assume profitability is dwindling. However, factors like miner incentives, the price of Ether, and mining pools still play a crucial role in determining whether or not Ethereum PoW mining remains a viable option. Let's delve deeper into these considerations and analyze the current profitability landscape of Ethereum's PoW mining.