Earlier quoted context omitted.
Speaking from my own experience, you may save yourself some future effort by moving directly to clickhouse. Timescale brings its own issues. If your goal is performance, you will be better served by clickhouse.
Can you elaborate on those issues?
Don't get me wrong, timescale is a great way to get started with time series - just like sqlite is a great way to get started with databases if all you know is nosql.
However, it quickly brings its own challenges - and the new license is the cherry on the cake: it is locking you down to your own infrastructure unless you want to pay for timescale own SAAS offering (and then prey they do not alter the condition of the deal too much later)
It is just not worth it, unless you have a very small problem, or you can afford to have people concentrating on timescale maintenance - and in this case, you would be getting better bang for bucks by having these people work on clickhouse.
I'm speaking only from my own experience. I have relatively large servers dedicated to time series (about 100T of disk space, between 128 and 256 Gb of RAM). They were going to be retired for even bigger servers. Instead, we experimented with clickhouse on one of the recently decommissioned servers. We could not believe the benchmarks! Moving to clickhouse has improved the performance on about every metric. Yes, it required some minor SQL rewrites, about 1 day of work total, but unless your hardware is free and your queries are set in stone, clickhouse makes more sense.