Ethereum validators have earned 1.1 million ETH ($2.007 billion) in staking rewards since January 2021, according to Delphi Digital data.
Ethereum validators started staking in 2021, soon after the launch of the Beacon Chain. Since then, their reward has steadily grown as more validators joined the network.
Over 67k Validators Joined Ethereum in 2023
Ethereum validators grew by more than 67,000 new validators in the first 90 days of 2023. At the start of 2023, ETH validators’ count stood at around 495,00 and increased to 562,236 as of the end of March, according to data from beacon scan.
Interestingly, about five entities dominate Ethereum staking. This concentration has been a source of concern over-centralization and the risks of censorship. But any censorship concerns have yet to materialize, as the number of OFAC-compliant blocks on…
