Back to all news
Bitcoin

Bitmine generated $46M from Ethereum staking last quarter

Cointelegraph·July 15, 2026·1 min read
Bitmine generated $46M from Ethereum staking last quarter

Bitmine generated $46 million from Ethereum staking last quarter, which accounted for 98% of its revenue. The company's pivot from Bitcoin mining gained momentum after launching validators in March. The shift highlights the growing profitability of Ethereum staking over traditional mining.

Read at Cointelegraph
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store