{"id":629446,"date":"2026-07-15T01:53:35","date_gmt":"2026-07-15T01:53:35","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/07\/15\/bitmine-generated-46m-from-ethereum-staking-last-quarter\/"},"modified":"2026-07-15T01:53:35","modified_gmt":"2026-07-15T01:53:35","slug":"bitmine-generated-46m-from-ethereum-staking-last-quarter","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/07\/15\/bitmine-generated-46m-from-ethereum-staking-last-quarter\/","title":{"rendered":"Bitmine generated $46M from Ethereum staking last quarter"},"content":{"rendered":"

\"Bitmine<\/p>\n

Ethereum staking generated 98% of Bitmine\u2019s revenue last quarter as the company\u2019s pivot from Bitcoin mining gained momentum following its March validator launch.<\/p>\n

Bitmine Immersion Technologies recorded $45.7 million in revenue from Ether staking and validation last quarter, following the launch of its institutional-grade Ethereum staking platform in March.\u00a0<\/p>\n

Staking revenue accounted for 98% of total revenue for the three months ended May 31, far outpacing the $624,000 from self-mining Bitcoin (BTC) and the $168,000 from consulting services, according to Bitmine\u2019s latest<\/a> 10-Q filing. On Monday, Bitmine said<\/span><\/a> it had staked 85% of its ETH holdings, equating to around 4.9 million Ether (ETH).\u00a0<\/p>\n

\u201cBitmine has staked more ETH than other entities in the world. At scale (when Bitmine\u2019s ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward is $284 million on an annualized basis,\u201d said Tom Lee, chairman of Bitmine.\u00a0<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Ethereum staking generated 98% of Bitmine\u2019s revenue last quarter as the company\u2019s pivot from Bitcoin mining gained momentum following its March validator launch. Bitmine Immersion Technologies recorded $45.7 million in revenue from Ether staking and validation last quarter, following the launch of its institutional-grade Ethereum staking platform in March.\u00a0 Staking revenue accounted for 98% of […]<\/p>\n","protected":false},"author":1,"featured_media":629447,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-629446","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/629446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=629446"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/629446\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/629447"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=629446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=629446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=629446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}