As I see it all, things may be even worse. Making a presumption, that losses will continue, even though by 5% less and less year after year, I'm getting this picture:
https://steemitimages.com/p/2bP4pJr4wVimqCWjYimXJe2cnCgnCshJtLP3zPBogr2

In reality - we are a bit ahead of the schedule, (on a time scale) which is natural.

• Maximum 14mln BTC in circulation ever, peak reached in 2024, right after halving
• 2020 halving will make the real annual increase by 6-7 times (!) smaller than today
• After 2024 BTC is fully deflationary, miners will not be able to cover the annual losses

I took 5% improvement on losses, and initial lost qty right of my head. Your mileage may differ.
But the general picture probably will remain.