tldr; BitMine, led by Tom Lee, plans to launch its Made-in-America Validator Network (MAVAN) in 2026 to monetize its $12 billion Ethereum treasury through staking. The company projects MAVAN could generate $1 million per day in ETH staking rewards, but this depends on factors like staking scale, validator performance, ETH prices, and yields. Currently, BitMine holds 4.1 million ETH, with a portion already staked. While the $1 million figure is plausible under ideal conditions, it remains a projection rather than guaranteed revenue.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
ChickenCurious6055 on
Are they going to be able to stake other peoples eth too?
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tldr; BitMine, led by Tom Lee, plans to launch its Made-in-America Validator Network (MAVAN) in 2026 to monetize its $12 billion Ethereum treasury through staking. The company projects MAVAN could generate $1 million per day in ETH staking rewards, but this depends on factors like staking scale, validator performance, ETH prices, and yields. Currently, BitMine holds 4.1 million ETH, with a portion already staked. While the $1 million figure is plausible under ideal conditions, it remains a projection rather than guaranteed revenue.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Are they going to be able to stake other peoples eth too?