Mining firm Bitmine's chairman just revealed an intriguing revenue strategy: the company's stash of 4.1 million ETH is projected to throw off more than $400 million in annual pre-tax income. Here's the kicker—most of that money flows in through Ethereum staking rewards. It's a fascinating move showing how major players in the space are shifting from pure mining operations to leveraging staking mechanisms for steady cash flow. With ETH positions this large, even modest staking yields compound into serious returns. This kind of institutional positioning often signals confidence in Ethereum's long-term utility and the durability of its consensus mechanism.

ETH0,43%
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RamenDeFiSurvivorvip
· 1h ago
Damn, 4.1M ETH just sitting there earning 400 million, this is the stance of institutions.
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TokenDustCollectorvip
· 7h ago
Waiting for staking rewards, now that's the real gameplay.
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DefiOldTrickstervip
· 7h ago
Oops, just earning staking rewards on 41 million ETH amounts to 400 million yuan annually. Now that's true expertise... I’ve always said mining is a sunset industry. Big institutions have already realized it, and they can earn compound interest while lying down.
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Blockblindvip
· 7h ago
4.1M ETH staked yields 400 million annually? The big players have seen through it long ago; mining has gradually become an outdated business.
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