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Nellius Irene

Bitmine stakes over 2 million ETH, projects more than $160M in yearly rewards at current rates

Bitmine Immersion Technologies has now staked over 2 million Ether and, based on its reported 2.81% Composite Ethereum Staking Rate and prevailing ETH prices, estimates this position could generate about $164 million in annual rewards. The firm’s total Ether holdings have risen to 4.24 million ETH, giving it 3.52% of Ethereum’s 120.7 million circulating supply and supporting plans for US-based validators and broader staking expansion.
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