Blockstream's third round of investment for the BMN2 tokenized note allows investors to share in bitcoin production, priced at $31,000 for 1 PH/s of hashrate.
The latest BMN2 token, sold for three weeks, aims to raise $10 million and allows investors to lock in hashprice for a longer duration than usual.
With mining costs under 4.5 cents per kilowatt-hour, Blockstream offers a competitive edge in the crypto mining market, making BMN2 an attractive investment.
Unlike typical hashrate contracts, BMN2 secures bitcoin exposure over a 48-month period, providing a significant stability advantage for long-term investors.
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