Theorycraft for Crafting

Use the Junk Cube + beetle recipe to get flowers. You'll mostly be smashing Junk Cube + [Pond Beetle,Monarch] to get mithril flowers to then assemble into Mithril Pollen for smashing into adamantine artifacts, [Gunpowder, Pinecone, Moss]. From the artifacts you smash again with [Pond Beetle,Monarch] to get adamantine tier beetles which are then smashed again with Junk Cube to get adamatine flowers to be assembled into Adamantine Pollen for the highest tier recipes like Diamond Hammer or Titanium Cube, etc.

From hunts you collect plenty of bronze beetles and flowers. Bronze beetles can also be smashed with Junk Cube to produce flowers if you need more. Mithril beetles are relatively rare and smashes should be allocated to producing mitrhil artifacts [Cattail, Nectar] which when smashed with a bronze beetle produces [Pond Beetle, Monarch] respectively. Use Ladybug or Striped Cucumber Beetle with mithril artifacts because Purple Beetle is suspected to be useful in smashes to buff the crafting bonus and the success rates of smashes. Also the mithril beetle from mithril artifact recipe doesn't require a crafting bonus, using the Tin Hammer with Green Beetle sacrifice has an excellent success rate, but not 100%.