Neopool report forecasts Bitcoin mining by 2030

Mining pool Neopool has published a new industry report titled Bitcoin Mining Foresight 2026–2030, offering forecasts for the Bitcoin mining industry over the next decade.

The report analyzes historical trends, current market dynamics, and future developments in crypto mining infrastructure. It draws on operational data from the mining pool as well as independent industry research.

According to the authors, the structure of the Bitcoin mining market could change significantly by the end of the decade.

Neopool research on the future of the mining industry

Neopool released a research report analyzing the evolution and future of Bitcoin mining. The document reviews the technological history of mining and evaluates the current competitive landscape.

The study outlines several key forecasts for the industry:

• the five largest companies may control more than 60% of global hashrate by 2030;
• electricity costs around $0.04 per kWh could become the survival threshold after the 2028 halving;
• about 30–50% of major miners may adopt hybrid business models integrating AI and HPC infrastructure.

According to the report, these trends could reshape the global crypto mining industry.

The geography and economics of modern mining

The report also highlights major geopolitical shifts in Bitcoin mining infrastructure. The global mining map changed significantly after China banned mining operations.

As a result, mining activity moved to several energy-rich regions. Countries such as Russia and Kazakhstan became important hubs for mining operations.

The study notes that electricity remains the largest cost component for mining companies. Energy expenses account for roughly 60–80% of operational costs.

Because of this, access to low-cost power remains the most important competitive advantage in the Bitcoin mining sector.

The role of institutional players in the mining industry

Neopool’s analysts expect continued institutionalization across the crypto mining market.

The report suggests that a broader financial ecosystem could develop around mining assets. Potential financial instruments may include:

• hashrate futures contracts;
• specialized mining investment funds;
• exchange-traded funds focused on mining infrastructure.

The authors also expect clearer regulatory frameworks and increased participation from energy companies.

Outlook for miners and investors

The report concludes that the future of Bitcoin mining will depend not only on raw hashrate. Profitability and infrastructure efficiency will become key competitive factors.

Mining companies are increasingly exploring alternative uses for their data centers and energy capacity.

These infrastructures may support:

• artificial intelligence workloads;
• high-performance computing operations;
• large-scale data processing.

According to Neopool, the next generation of mining leaders will be companies capable of converting computing power into sustainable revenue streams within the broader digital asset infrastructure sector.

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