Bitmine Immersion Technologies Defies Collapse: Acquired $480M in ETH
After the October market crash triggered by US tariffs, Bitmine bought the dip of ETH at $3.728. The company now holds almost 2.5% of all Ethereum
Ethereum is a decentralised, open-source blockchain platform that allows developers to create and deploy smart contracts and decentralised applications (dApps). Launched in 2015 by Vitalik Buterin and a team of developers, Ethereum offers more than just cryptocurrency transactions as it provides a programmable blockchain where users can create complex, autonomous contracts without the need for intermediaries.
44 PostsAfter the October market crash triggered by US tariffs, Bitmine bought the dip of ETH at $3.728. The company now holds almost 2.5% of all Ethereum
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