Bitcoin mining reward is now approximately 900 Bitcoin per day.

After the halving, will be 450 per day.

Over time the supply shock squeezes the Bitcoin out of exchanges and into stronger hands as price fluctuates.

If people say the halving isn’t as significant as it used to be, I think they just mean there’s more Bitcoin held by hodlers than miners proportionately that might need to sell.

But this is why the past 2 years has been so important as people have had time to understand what they hold. Hodlers don’t always have a mining operation to maintain, so I’m not seeing a down-side there.