Recently, a major news broke in the industry: Bitmine officially announced the advancement of the MAVAN validator network, planning to go live in 2026. In simple terms, they are collaborating with three top-tier staking service providers to build a self-controlled, commercialized Ethereum validator network.
The data is quite impressive. As of December 28, 2025, the total ETH staked by Bitmine reached 408,627 ETH, equivalent to nearly 1.2 billion RMB. This scale is no small feat. Bitmine Chairman Tom Lee's prediction is even more aggressive—when all ETH are staked by MAVAN and its partners, the staking fees alone could generate $374 million annually.
This is not a random idea. They have already scheduled it. On January 15 next year, Bitmine will hold its annual shareholders' meeting to vote on four major matters: new board members, amendments to the common stock issuance regulations, approval of the 2025 incentive plan, and a special compensation scheme for the executive chairman. Each item points in the same direction—laying the final institutional groundwork for the MAVAN network and large-scale commercialization.
From a certain perspective, Bitmine is undergoing a transformation of identity. It used to be an asset holder, now it aims to upgrade to a core infrastructure service provider. The Ethereum staking track has long been highly competitive. But if you control your own validator network? That means holding the key to profits, security, and compliance.
2026 may truly be a watershed year. A giant network with annual revenue approaching $400 million is preparing to set sail, and the entire staking ecosystem's gameplay may need to be rewritten.
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OnchainHolmes
· 6h ago
Whoa, 4.08 million ETH to hold in your own hands? Can this really rewrite the staking ecosystem?
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Tom Lee dares to say an annual revenue of $374 million, he must be pretty skilled.
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The staking race has become so competitive, building your own validator network is indeed a masterstroke.
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If the shareholder meeting in January approves it with one vote, will MAVAN really arrive in 2026? Waiting for a reversal.
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Transforming from a holder to an infrastructure provider, Bitmine's move is quite aggressive.
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With a staking volume of $1.2 billion in ETH, how does this scale compare within the entire industry?
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More and more centralized staking platforms are emerging. Where is the future of decentralization?
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An annual revenue of $400 million, who wouldn't be envious? But the risks are also significant.
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LiquidityWitch
· 6h ago
Over 400,000 ETH... This scale is indeed top-tier, but the competition in staking yields is getting more intense. $374 million sounds impressive, but the actual returns will be discounted.
Tom Lee is taking a pretty bold gamble this time. If MAVAN doesn't launch by 2026, it will be quite awkward.
From an infrastructure perspective, building a validator network independently is indeed a wise choice, but will the entire ecosystem really be rewritten? I'm a bit skeptical.
The key will be the shareholder meeting vote in January next year. Only then can we see if Bitmine is truly all-in or just making empty promises.
There are now too many participants in the staking track—LSD, LST, self-built networks... It's a race to see who can last longer and who has stronger risk control. While the yield numbers look good, sustainability is the real key.
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RumbleValidator
· 6h ago
408K ETH, $374 million annual fee... This data architecture looks very solid, but the key is the actual stability of the validation nodes. Don't just focus on the revenue forecast.
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GmGnSleeper
· 6h ago
Wait, Bitmine's move is pretty aggressive, with a staking scale of 1.2 billion USD? It feels like the staking ecosystem is about to be reshuffled.
Really? An annual profit of 374 million USD? That number sounds a bit suspicious.
MAVAN is about to go live, and the shareholder meeting next January is probably a done deal.
The staking sector was already highly competitive, and now with the autonomous network, how can small miners survive?
2026 might be a watershed year; it feels like the landscape is about to change.
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GasFeeAssassin
· 6h ago
Damn, MAVAN is really going all out this time, with over 400,000 ETH staked directly taking off.
Tom Lee's prediction sounds outrageous... earning $374 million a year? If that really happens, the staking ecosystem will definitely undergo a reshuffle.
The staking race has become so intense, whoever controls the validator network is the boss.
Wait a minute... is this logic too good to be true? Can they really monopolize staking rewards?
How do SOL and XRP even relate to this...
#战略性加仓BTC In 2026, will the staking landscape change? This time, it's truly different
$ETH
Recently, a major news broke in the industry: Bitmine officially announced the advancement of the MAVAN validator network, planning to go live in 2026. In simple terms, they are collaborating with three top-tier staking service providers to build a self-controlled, commercialized Ethereum validator network.
The data is quite impressive. As of December 28, 2025, the total ETH staked by Bitmine reached 408,627 ETH, equivalent to nearly 1.2 billion RMB. This scale is no small feat. Bitmine Chairman Tom Lee's prediction is even more aggressive—when all ETH are staked by MAVAN and its partners, the staking fees alone could generate $374 million annually.
$XRP
This is not a random idea. They have already scheduled it. On January 15 next year, Bitmine will hold its annual shareholders' meeting to vote on four major matters: new board members, amendments to the common stock issuance regulations, approval of the 2025 incentive plan, and a special compensation scheme for the executive chairman. Each item points in the same direction—laying the final institutional groundwork for the MAVAN network and large-scale commercialization.
$SOL
From a certain perspective, Bitmine is undergoing a transformation of identity. It used to be an asset holder, now it aims to upgrade to a core infrastructure service provider. The Ethereum staking track has long been highly competitive. But if you control your own validator network? That means holding the key to profits, security, and compliance.
2026 may truly be a watershed year. A giant network with annual revenue approaching $400 million is preparing to set sail, and the entire staking ecosystem's gameplay may need to be rewritten.