Proof Of Stake

Bitmine moved roughly $320 million worth of ether into staking over 48 hours, putting more than 70 per cent of its nearly five million ETH hoard to work generating yield — and positioning itself to earn $330 million a year from validator rewards alone.

Ethereum's proof-of-stake participation rate passed 30 percent of circulating supply this week, with roughly 37 million ETH now committed to validators and the cost of attacking the network pushed beyond $120 billion in collateral alone.