Blockstream Launches BMN2 Mining Note with 50% Discount on Hash Price

Blockstream recently opened a new round of funding for its BMN2 Mining Note, a hashrate-backed security token designed to offer investors exposure to Bitcoin mining. Priced at $31,000 per PH/s, the BMN2 note comes with a significant 50% discount on the current hash price, making it an attractive option for those looking to invest in mining without directly owning hardware.

This follows the success of Blockstream’s BMN1 Mining Note, which delivered a 32% return over Bitcoin and 103% cash-on-cash returns. Unlike the BMN1, BMN2 will be tradable on secondary markets, including Bitfinex, SideSwap, and Merj Exchange. Blockstream’s move to expand its mining note offerings further strengthens its position as a leader in the tokenized mining sector.