Crypto Giants Pick a Side: Ethereum Staking or Just Fancy Retiring? 🔥

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Well, well, well… look who’s throwing their hat into the Ethereum staking ring. It’s BitMine, because apparently, messing around with $451 million worth of ETH makes you ‘relevant’ in the crypto world. Who knew? They just deposited a boatload of ETH into Ethereum’s proof-of-stake system – Saturday, December 27, was the big day, folks! 🎉

How Much Earth-Shattering Profit Can BitMine Expect? (Spoiler: A Lot)

On a sleepy Saturday morning (because who works in crypto), EmberCN revealed that BitMine’s not just holding ETH – they’re actually trying to make some cash from it by staking. They dropped 74,880 ETH (~$219 million) into the PoS contract – as if they can’t get enough of that digital gold. Not finished yet, oh no! They went back and doubled down with another 79,296 ETH (~$232 million). All in for a total of around 154,176 ETH (~$451 million). Just casually funding their crypto empire, no big deal. 💸

EmberCN (who clearly does the math so we don’t have to) added: “They now hold over 4 million ETH in total – staking it all at an APY of about 3.12%. If they kept all that staked, they’d make about 126,800 ETH in interest a year – worth roughly $371 million at today’s prices.” Yep, staking your way to the bank, bit by fancy bit.

Back in November, BitMine was already bragging about their plans to jump into staking in Q1 2026 with the Made-in-America Validator Network (MAVAN). In case they want to be the pioneers of crypto patriotism or something. They even picked three institutional providers as guinea pigs to test before going big – because what’s life without a little risk and lots of money?

Meanwhile, these folks are still hoarding ETH like it’s going out of style, despite the crypto market’s mood swings. They added another chunk to their stash, pushing their total ETH holdings to a staggering 4.066 million. Who’s counting? Well, evidently, them.

Staking looks pretty fun when you’re sitting on billions, especially when the market’s in the dumps. It’s like earn while you sleep – except you’re probably staring at the screen, wondering if the dip will ever end. Not exactly a party, but hey, passive income is passive income, even if the market behaves like a moody teenager. 🚀

BMNR 2025 Price Recap – The Rollercoaster Continues 🎢

As of today, the stock (ticker: BMNR) is listed at about $28.31 – just shy of a 4% drop, because why not? Broader crypto sector? Not exactly giving high-fives lately. Over the past few months, BMNR has taken a nosedive, dropping nearly 43%. Classic crypto tragedy. But the silver lining? It’s almost 2.5x bigger than it was last year – so, swings and roundabouts, darling.

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2025-12-28 19:18