Setting up a Bitcoin mine is no easy task. Aspiring miners face many challenges, including gaining access to low-cost energy sources, building specialized facilities, procuring ASICs, and ongoing maintenance.

Blockstream Mining eliminated many of these challenges by providing an end-to-end Bitcoin mining colocation service that has helped many institutions get their Bitcoin mines online as quickly and painlessly as possible. And today, we’re taking this one step further with the launch of the Blockstream Mining Note, a security token that expands exposure to Bitcoin mining to even more investors.

Bitcoin Mining in a Tradable Token

The BMN provides non-US qualified investors access to hashrate generated at Blockstream’s mining facilities. Bitcoin mined by the BMN is held in cold storage before being delivered to the final token holders at the end of its three-year term.

By packaging mining in a tradable token, the BMN allows investors more flexibility than a traditional investment in physical mining infrastructure—investors can more easily adjust their exposure to Bitcoin mining by trading the BMN on secondary markets (subject to market liquidity).

By expanding investor participation in Bitcoin’s proof-of-work, the BMN also strengthens Bitcoin’s security and censorship resistance. It’s a win-win for investors and the broader network.

Gold-Standard Mining Facilities

Blockstream’s mining facilities are currently located in Georgia, USA, and Quebec, Canada. With our facilities’ advanced power, cooling, and air filtration infrastructure, live performance reporting, and tight on-site security, Blockstream is the only mining colocation provider that can meet the largest financial institutions’ requirements worldwide.