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Home›Crypto›Ethereum›Bitmine says Ethereum staking produced $45.7 million i…

Bitmine says Ethereum staking produced $45.7 million in a quarter

The company said Ethereum staking made up 98% of its quarterly revenue as it expanded its MAVAN business.

Reported · Written up by our desk · Ethereum

Bitmine said Ethereum staking generated $45.7 million in the quarter, according to The Block.

The outlet reported that Ethereum staking accounted for 98% of Bitmine’s quarterly revenue.

Bitmine also said it was expanding MAVAN as part of its operations, per The Block.

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Sources

The BlockBitmine says ETH staking generated $45.7 million, accounting for 98% of quarterly revenue

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