Blockstream Launches New Bitcoin Mining Token Series
Blockstream has introduced its third series of the BMN2 token, allowing non-U.S. investors to gain exposure to Bitcoin mining by tapping into the company’s hash rate.
Key points:
- New BMN2 Series 3 launched: Provides access to Bitcoin’s hash rate.
- Targeted for non-U.S. investors: EU-compliant security token.
- 1 PH/s hash rate allocation: Each token grants 1 petahash per second of Bitcoin mining.
- Based on Bitcoin returns: Token holders receive Bitcoin mined by Blockstream.
- Follows successful BMN1 launch: Delivered 32% Bitcoin return over three years.
Blockstream’s Latest Mining Investment Opportunity
On September 5, 2024, Blockstream introduced Series 3 of its Blockstream Mining Note 2 (BMN2). This token allows non-U.S. investors to benefit from Bitcoin mining by gaining access to the hash rate of Blockstreamās North American facilities.
Because of its EU compliance, the token is accessible to a wide range of investors.
Each BMN2 token gives the holder access to Bitcoin generated from 1 petahash per second (PH/s) of mining power. Since Bitcoin halving is on the horizon, this launch comes at a strategic time for those looking to invest in mining.
Blockstreamās first mining note, BMN1, was a success, delivering a 32% Bitcoin return over its three-year term.
Additionally, Blockstream emphasized the advantage of investing in BMN2 over other mining contracts. Not only does it offer a lower hash price, but 80% of the mining power is sourced from carbon-neutral energy.
Read more: El Salvador Volcanic Bitcoin Mining Yields 473.5 BTC, Boosting Holdings to 5,750 Coins
As a result, the token provides an attractive, environmentally conscious option for those interested in Bitcoin mining investments.
In summary, Blockstream’s BMN2 offers an efficient way to invest in Bitcoin mining and prepares investors for potential gains.
