In my opinion, equating balance with mediocrity is a false dichotomy. If you need to sacrifice work-life balance to feel productive, you haven't identified your highest-leverage experiments. Grinding lets you avoid the harder cognitive work of figuring out what actually matters.
I don’t agree. A PhD student should not prioritize work-life balance.
Getting to do a PhD is a privilege. You are paid to think. There is no pressure for you to be economically useful. It is a unique opportunity to push the boundaries of human knowledge and produce something ground breaking.
And nothing great ever happens without complete devotion. Look at everything that moved and shaped the world. Every single person who created anything meaningful, in science, in arts, in music, in movies, devoted their lives to their craft.
Extraordinary outcomes require extraordinary inputs and some degree of sacrifice. Sure, have work-life balance during your PhD. But be content a mediocre outcome.