Youre a simpleton thinker who doesnt understand relativity and the Economics 101 concept of that supply meets demand
at the marginal cost producer. Also you fail to understand who controls the only two ASIC fabs i in the world and what their objective is (not profit, but absolute power).
So they would throw away their money, destroy Bitcoin, and by doing so empower alternatives that don't use POW? The Chinese have better ways to control Bitcoin than destroying any confidence that people have in it.