Raid 0 will be your faster option of the two.
The limiting factor is the spinning drive/s rather than the port.
Here are some of my real world speeds from my stuff.
Raid 0 configured drive with two 7200 rpm drives over Thunderbolt 2:
One Solid State Drive over Thunderbolt 2:
This highlights the fact that the ports are less involved in the read/write speed than the type of drives.
The type of drive will make a huge difference.
Raid 0 with 7200rpm drives will cover a lot of media.
Nowadays 4K vid and higher require more space and more speed AND more expense.
If your current drives do what you require then they are fast enough if not then SSD drives is your best bet to improve performance.
BTW: The older drives are still good for backups and storage space, so they are not redundant just older school tech.
Al