Depends what do you want, gold/elix or de?
G1/G2 for gold/elix (you will still farm some DE here), C1-M2 for larger DE raids.
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I remember the first 3 months (during summer) spent as a early staged TH9, the loot was heavenly, now that I hit the late stage i can roughly farm 1M a hour (tried many times to climb up and down, change my army comps. And still I can't find anything worth to raid).
It's not really in theory though is it, there are plenty of TH9s in masters and these all present the exact same loot as at TH9 minus 10% so that's simply 25k less on a 250k raid.. but as I said the thread was mainly directed at TH9's and below crying about the lack of loot.
What day and time did you do those raids?
On a side note : very cool sig OP:cool:
Did you not have any luck in Crystal 3?
I was promised loot but all I see are pictures of somebody's attack log... :(