Cointelegraph••1 min read
Ethereum Validator Queue Nears 1M ETH as BitMine Stakes $259M More
The Ethereum validator entry queue is approaching 1 million ETH, leading to an estimated wait time of approximately 17 days for new validators. According to reports, BitMine has staked an additional $259 million in ETH, contributing to the growing queue. The development highlights the increasing demand to become validators on the Ethereum network, potentially impacting participation rates and network dynamics.
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