Bitmine plans MAVAN validator network to stake massive Ethereum
Following its first Ethereum staking operation worth about $219 million — which immediately set a record — the largest holder of the top altcoin, Bitmine, announced the creation of the MAVAN (Made in America Validator Network) validator to stake the majority of its ETH holdings.
The MAVAN network is planned to launch in the first months of 2026, but BitMine has already begun preparations, including pilot testing with infrastructure providers. The company said that three well-known staking infrastructure suppliers will be part of the network, although their names have not been disclosed.
As previously reported, BitMine currently holds 4.11 million ETH, valued at more than $12 billion. Staking such a massive amount of cryptocurrency could potentially generate around $374 million in annual rewards for BitMine.
“The company is well positioned for 2026, and we look forward to launching ETH staking on our network with MAVAN validators in early 2026,” said Thomas “Tom” Lee, Chairman of BitMine.
MAVAN — a benchmark for staking?
The announcement of MAVAN confirms the company’s intention to stake most of its ETH to maximize returns. In addition, BitMine has stated that the project prioritizes security and reward efficiency, aiming to build U.S.-based staking infrastructure that meets domestic standards and reduces cross-border risks.
Amid tightening regulation, MAVAN could set compliance expectations for other infrastructure providers. Its launch may also positively influence ETH, improving staking security and stability while strengthening Ethereum’s position in the U.S. financial landscape.
As we wrote, Bitmine makes largest ever Ethereum staking move, $219 million
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