No, because it does not alter the supply. The algorithm in the blockchain software forces a certain rate of coins minted, regardless of the number of miners.

No, because it does not alter the supply. The algorithm in the blockchain software forces a certain rate of coins minted, regardless of the number of miners. It will just make remaining miners more profitable. It will though reduce the security of the network by reducing the cumulative hashrate, but it's already incredibly secure, so I doubt that would have a big price impact.