Originally published on: September 05, 2024
Blockstream Mining is shaking up the fundraising game with its latest offering: Blockstream Mining Note 2 (BMN2). This security token is directly tied to the hashrate of Bitcoin miners, giving investors a unique opportunity to tap into the lucrative world of cryptocurrency mining.
Priced at $31,000 per token, BMN2 offers investors a 48-month claim on one petahash per second (PH/s) of Blockstream’s mining hashrate. This means investors can benefit from the proceeds of Blockstream’s mining operations over the next four years, all while enjoying a discounted hashprice of $21.23.
For those unfamiliar, hashrate is a crucial metric that measures the computing power used to mine blocks on the Bitcoin network. By offering a token tied to this hashrate, Blockstream is providing investors with a direct stake in the success of its mining operations.
In a market where Bitcoin miners are constantly seeking ways to boost their balance sheets, Blockstream’s BMN2 stands out as a unique investment opportunity. With the network’s mining rewards cut in half earlier this year, miners have had to get creative in order to maintain profitability. Blockstream’s hashrate-backed token offers a way for investors to support the mining ecosystem while potentially reaping the rewards of its success.
This isn’t the first time Blockstream has dabbled in offering hashrate-backed tokens. Their previous issuance, BMN1, delivered a solid 32% BTC return over a 3-year term. Now, with BMN2, the company is once again offering investors a chance to tap into the world of cryptocurrency mining in a structured and regulated manner.
Interested investors can take advantage of this unique opportunity, but with a catch: BMN2 is only available to qualified investors outside of the United States. This move ensures compliance with European Union regulations and offers a level of security for investors looking to dip their toes into the cryptocurrency mining world.
Don’t miss out on this opportunity to invest in the future of cryptocurrency mining with Blockstream’s Hashrate-Backed Token. Secure your stake in the growing world of Bitcoin mining and potentially reap the rewards of this innovative investment opportunity.
