Blockstream tokenizes its Bitcoin mining power

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Blockchain development firm Blockstream has revealed its new security token, dubbed Blockstream Mining Note (BMN), that will be backed by the company’s Bitcoin (BTC) mining capabilities.
“The Blockstream Mining Note (BMN) provides more flexibility than traditional investment in physical mining infrastructure by packaging BTC mining into a tradable Liquid BTC-based token,” Blockstream announced yesterday.

Now even more investors can get involved in #Bitcoin mining. The #BlockstreamMiningNote (BMN) provides more flexibility than traditional investment in physical mining infrastructure by packaging #BTC mining into a tradable @Liquid_BTC-based token. https://t.co/J2PSJndwEE pic.twitter.com/OJMWOwobuN
— Blockstream (@Blockstream) March 30, 2021

The goal of BMN is to offer qualified investors outside of the U.S. a simpler way to allocate their capital in the Bitcoin mining sector. Each token will represent 2,000 terahashes per second—a metric used to quantify Bitcoin’s blockc

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Źródło: https://cryptoslate.com/blockstream-tokenizes-its-bitcoin-mining-power/

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