The post Bitmine Says Ethereum Staking Generated 98% of Quarterly Revenue appeared first on Coinpedia Fintech News
Bitmine Immersion Technologies reported $45.7 million in Ethereum staking and validation revenue for the quarter ended May 31, accounting for 98% of total revenue, according to its latest 10-Q filing. The company generated about $2 million in revenue a year earlier, mainly from machine leasing. Bitmine said its institutional Ethereum staking platform, MAVAN, has staked …
Here’s what Binance has scheduled for April 7. The number 1 crypto exchange by total users, trading volume, and many other metrics will conduct two wallet maintenance sessions later this week. The process will […]
Ethereum extended its price recovery and reclaimed $1.7k, a level that had recently acted as resistance. At press time, ETH traded at $1,756, up 3.02% on the daily chart. The recovery pushed ETH above the […]
The Ethereum [ETH] price action was in a longer-term downtrend, but has rallied 8.05% in the past week and 4.9% in the past 24 hours alone. Yet, according to data from Farside Investors, the Ethereum […]
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