Blockstream Opens New Funding Round For Its Second Bitcoin Mining Security Token

Today, Blockstream opens the series 3 round for its second Mining Note — the BMN2.

The note will be available to eligible non-US investors and has been repriced from the series 1 and 2 rounds, which occurred on July 18. This round of the BMN2 is priced at $31,000 petahash per second (PH/s), or a hash price of $21.23. Investors who purchased the BMN2 in the series 1 and 2 rounds, during which the note sold at a higher price, will be awarded extra BMN2 to make up for the difference in price between the first two rounds and the third.

The issuance of the BMN2 comes on the heels of the success of the first Blockstream Mining Note, the BMN1, which provided a 32% return over BTC.

Details of the… Read more on BitcoinMagazine

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