> Algorithmically, it is possible to control how much it costs to mine crypto at any point by modulating network fees (PoS)/block difficultly (PoW). This would in turn have an effect of the supply of the currency because if it becomes cheaper (in USD) to mine than more people will mine it (as it becomes more profitable to do so).

If it's cheaper to mine, it won't be more profitable. See dogecoin. It'll create more token and at a decreased value.

I can't believe people are still falling for this ponzi scheme