If nothing gives (bitcoin price is below production cost) we know: Either at least some miners are economically irrational or we're making wrong assumptions about either the production cost or the price miners are able sell at.
Interesting times ahead
Interesting times ahead
I wouldn't assume some miners are economically irrational, I'd think it would reflect more on the nature of proponents of Bitcoin and how they value it.
Still this is another historic juncture.