If Bitoin price continue to drop will network stop because of unprofitability for miners?

In September 2017 John McAfee in one of the interviews said, that it's worths to his company $ 1000 to mine 1 Bitcoin. From that moment difficulity of the network has rised 3 times and miners revenue got cuted as well. Right now payback period of any mining equipment is already more than 200 days

Or real cowboys mine even at loss? 

I started a conversation on reddit about this subject. You can join it there if you like.

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