BitMine reports 5.07 million ETH staked, CryptoSlate says
CryptoSlate says BitMine hasn’t disclosed how validator signing keys are split among operators, leaving its control over Ethereum’s consensus unclear.
TLDR
CryptoSlate reports that BitMine disclosed 5.07 million ETH staked, equivalent to 11.8% of Ethereum’s active stake. But BitMine hasn’t disclosed how validator signing keys are divided among operators, the publisher says. Without that breakdown, CryptoSlate says, the ETH total alone cannot establish BitMine’s control over consensus.
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