Blockstream Mining Launches Third Round of Hashrate-Backed Tokenized Note Sales

According to BlockBeats, on September 5, CoinDesk reported that Blockstream Mining said it was launching the third round of sales for tokenized notes supported by its computing power. Participants can obtain a portion of the Bitcoin revenue from the company’s mining activities over the next four years.

The first two rounds of BMN2 notes raised a total of about $7 million. The third round is priced at $31,000, and holders will receive Bitcoin produced by 1PH/s of computing power.

The sale will last three weeks, a company spokesperson said in an interview. Blockstream plans to raise $10 million in the latest round.

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