Bitmine Stakes $3.33B in ETH as Ethereum Unstaking Queue Drops to Zero for First Time

TLDR: Bitmine staked 1,080,512 ETH worth $3.33 billion as Ethereum’s unstaking queue reached zero balance.  Zero unstaking queue allows immediate validator activation without delays that previously lasted days.  The company expects $92-95 million annually from staking at Ethereum’s 2.8-3% current yield rates.  Over 35 million ETH staked network-wide as validator exits stabilize following volatile market [...]

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