While it's true that some crypto enthusiasts may benefit from keeping the hype going, it's not the sole reason behind the crypto industry's growth. The technology behind cryptocurrencies and blockchain is transformative, and it has the potential to revolutionize the way we store and transfer value.
The value of a cryptocurrency is not solely determined by its mining costs, but rather by a variety of factors including adoption, utility, and demand. Therefore, even if mining becomes unprofitable for some miners, the value of the cryptocurrency may still be maintained by other factors.