Ella just got even more pointless than before.
The whole market is down, when things go up, even Ellaism wil be more worth.
So, stop looking at electricity costs and look for oppertunities where you can mine more coins at the moment :-)
That would be an opportunity to make a loss when ella drops even further. Another thing is that if you mine ella you miss out on making a profit mining something else that IS PROFITABLE. Just go mine something else, end of story.
You can mine something else which is more profitable and buy ELLA with the BTC you gain. Or mine ELLA and hold the coins and hope for the price will rise.