tldr; BitMine Immersion, led by Tom Lee, has staked 342,560 Ethereum worth about $1 billion in two days, according to on-chain data. The company holds over four million ETH, approximately 3.4% of the total supply. BitMine is developing the Made in America Validator Network (MAVAN) to support long-term ETH staking and Ethereum’s proof-of-stake mechanism. A live pilot with selected partners is underway, with a full launch targeted for early 2026, aiming to enhance network security and shareholder value.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I_Stabbed_Jon_Snow on
As long as the entire validator network isn’t parked on US East 1, MAVAN could be a decent idea.
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tldr; BitMine Immersion, led by Tom Lee, has staked 342,560 Ethereum worth about $1 billion in two days, according to on-chain data. The company holds over four million ETH, approximately 3.4% of the total supply. BitMine is developing the Made in America Validator Network (MAVAN) to support long-term ETH staking and Ethereum’s proof-of-stake mechanism. A live pilot with selected partners is underway, with a full launch targeted for early 2026, aiming to enhance network security and shareholder value.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
As long as the entire validator network isn’t parked on US East 1, MAVAN could be a decent idea.