How much did BitMine earn from Ethereum staking?

BitMine said it generated about US$46 million from staking Ethereum (CRYPTO:ETH) during the last quarter.

What is Ethereum staking?

Ethereum staking lets ETH holders lock their tokens to help secure the network and earn rewards.

The company said staking provides an additional source of revenue beyond changes in cryptocurrency prices.

BitMine operates digital asset businesses, including cryptocurrency holdings and Ethereum staking services.

Many companies see staking as a way to earn recurring blockchain rewards while supporting the Ethereum network.

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Written by Isaac FrancisPublished Jul 15, 2026, 2:35 AM

BitMine generated about US$46 million from Ethereum staking during the last quarter.
The company said staking has become a growing source of revenue alongside its digital asset business.
BitMine plans to continue expanding its Ethereum staking operations.

BitMine reported about US$46 million in revenue from staking Ethereum (CRYPTO:ETH) during the last quarter.

The company said staking has become an important part of its business as demand for blockchain validation services grows.

"Our staking strategy continues to generate meaningful revenue," the company said.

BitMine said it plans to increase its staking capacity while continuing to manage its digital asset holdings.

The company added that staking provides another source of income beyond cryptocurrency price movements.

Ethereum allows holders to stake ETH to help secure the network and earn rewards for validating transactions.

More listed crypto companies are expanding into Ethereum staking as they look to diversify revenue beyond Bitcoin mining.

At the time of reporting, Ethereum price was $1,866.38.