As long as people are still mining bitcoins at $1,567 a pop, then they can still make some good profits.  

https://bitcoinexchangeguide.com/canadas-bitfarms-bitcoin-mining-company/

Ok, that is just the electricity cost and they have some other cost too, but it shows that it is still profitable for them to do it.

We are still going strong, do not lose faith in this technology, because the price drop with a few hundred dollars.