The top-15 global mining pool has published a forecast covering the trends set to reshape the industry

Neopool has released Bitcoin Mining Foresight 2026-2030, one of the more substantive industry outlooks to come from an active market participant. The report draws on the pool's operational data, independent research, and ongoing analysis of the global competitive landscape. The report's key predictions include market consolidation around five dominant players controlling over 60% of global hashrate by 2030; a critical energy cost threshold of $0.04/kWh as the baseline for profitability beyond the 2028 halving; a broad shift among major miners toward hybrid models that repurpose existing infrastructure for AI and HPC workloads; and the full regulatory legitimization of the sector alongside the emergence of new financial instruments – from hashrate futures to dedicated ETFs. The report opens with a historical arc tracing the industry from the CPU-mining days of 2009 through the entry of U.S.-listed companies between 2021 and 2025, showing how each wave of technological change has consistently concentrated the market around its most efficient operators. The core section maps today's competitive reality: the reshuffled geography of mining following China's exit, the rise of Russia and Kazakhstan as low-cost energy hubs, and a cost structure in which electricity accounts for 60-80% of total operating expenses. The report closes with five predictions through 2030, each paired with specific recommendations for miners, investors, regulators, and energy companies. "The future of mining belongs not to those with the most hashrate – but to those who convert that hashrate into the highest returns," the authors conclude. The full report is available here.