Is there some sort of brain disease going around amongst beancounters? Even the ones at the very top seem to have got the idea that the laws of supply and demand are merely guidelines :/

In PoW, supply costs have absolutely zero influence on market prices, nada, nothing, not even a little bit fallen down the back of the couch and clinging on so fanatically to the idea that they do isn't just wrong, it's entirely backwards. Markets decide how much miners are getting and it makes absolutely zero difference if 100% of miners are getting it or just 40%, the supply remains fixed regardless and the amount the market is willing to pay dictates its value. One more time even though I know you're going to get this into your head even with the help of a very big hammer, difficulty adjusts so the supply remains fix and the work varies, not the other way around.