“…[W]hat exactly is the nature and content of the unpardonable sin or the blasphemy of the Holy Spirit?”

“First, it is not an individual sin, but a national sin. It was committed by the Jewish generation of Jesus’ day and cannot be applied to subsequent Jewish generations.”
“Secondly, the content of the unpardonable sin is the national rejection by Israel of the Messiahship of Yeshua while He was present, on the grounds of being demon possessed…”
“…[I]t was not an individual sin of that day, nor is it a sin anyone can commit today. On this point the Bible is very clear: no matter what sin anyone commits, then or now, every sin is forgivable to that individual who will come to God through the Messiah. But for the nation of that generation, as a nation, it was unpardonable… judgment was set against that generation. Judgment came in A.D. 70 with the destruction of Jerusalem and the Temple and with the world wide dispersion of the Jewish people.”
“There were two results of this unpardonable sin. First, the offer of the Messianic Kingdom was withdrawn. It would not be set up in their day, but will be re-offered to a future Jewish generation that will accept it. And secondly, the A.D. 70 judgment was certain and nothing could alter it.”
“How is the national rejection of the Messiahship of Jesus a blasphemy against the Holy Spirit? The answer to this question is that the Holy Spirit is the final testimony of the Messiah’s work. It is quite possible to initially reject the claims of the Messiah and still be convinced later by the work of the Holy Spirit, but to reject the work of the Holy Spirit is to reject the person of the Messiah. Ultimately, this sin is the willful rejection of the person of the Messiah.”

Taken from 
Faith Alone
The Condition of Our Salvation 
An exposition of the Book of Galatians. 
By Arnold G. Fruchtenbaum