Here the main fact is mining reward value it decreases dramatically by time. In January 2018 if you have a Ethereum mining rig with a hash rate of 180 mhash the Eth reward was 8 Eth but in January 2019 the reward will decrease to about 4 -5 Eth only and the electricity bill is also a killer fact.
RE: GPU mining: Still viable in (October) 2018?