Yes it is still worth it if you have cheap electricity and the money for Asic miner, I also believe that the latest miners are always more efficient than others, burning 3600 watts with 200TH is less efficient to burning same 3600watts with 360TH.
The consumption of power remain the same but you are printing more money, ROI will be faster with the later miner, choose your poison wisely, and don't forget that the buying price will also be higher.
Electricity says it all, even few outdated miners are still profitable for those running solar panels on their roof, like s21 for example, it takes $8 for electricity bill and just $3 for profit, but if you are the electricity producer you are making money from the sun energy.
Finding a legal location with affordable electricity is a huge challenge. And solar power isn't cost-effective for all countries. So miners are using cheaper, older ASICs to try mining.
The cost of electricity is rising every year in different countries, and it is very difficult to compete with large companies that have very good prices for electricity due to large volumes of consumption.