AI × CryptoNeutralU.Today · 5h ago7/10
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Bitmine Now Controls 4.21% of Ethereum's Supply to Power Wall Street's AI Nodes
Bitmine, a major institutional validator, controls approximately 4.12-4.21% of Ethereum's total supply with 4.97 million ETH, positioning itself as the leading validator powering AI infrastructure for Wall Street firms. This concentration of stake highlights the growing institutional adoption of Ethereum for AI node operations and raises questions about validator centralization in the proof-of-stake ecosystem.
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