I guess prices drop and mining rewards get higher but
How does it work with mining of bitcoin and other alt coins
when prices dropping and people panic selling ??
If we analyze the fall in cryptocurrency prices in 2018, then miners began to massively sell ASICs and video cards 4-6 months after a strong decline in profit or the beginning of losses. If the profit is low for several weeks, then this will not change the situation on the market for mining equipment.