Sub-terahertz (sub-THz) antenna array architectures significantly impact power usage and communications capacity in multi-user multiple-input multiple-output (MU-MIMO) systems. In this work, we compare the energy efficiency and spectral efficiency of three MU-MIMO capable array architectures for base station receivers. We provide a sub-THz circuits power analysis, based on our review of state-of-the-art D-band and G-band components, and compare communications capabilities through wideband simulations. Our analysis reveals that digital arrays can provide the highest spectral efficiency and energy efficiency, due to the high power consumption of sub-THz active phase shifters or when SNR and system spectral efficiency requirements are high.