One thing to say mining bitcoin consumes a large amount of electricity and it would take lots of equipment to manned the mining. There should be a development in making the cost of bitcoin lower; given that lower mining cost could yield a higher profit. However, it matters on trading and exchanges.
Yes, one of the factor that makes bitcoin`s price so mad is because of its high cost in the electricity. Other factors may be specified such as equipment, computing power and etc; not mentioning the manpower used to operate this rigs. However, it is not advisable to engage mining of bitcoin right now, it would potentially result to loss due to fixed amount of mined coins. Thus, ICO will be better than mining.