Auto-Filling SEO Website as a Gift
Launch Your AI-Powered Business and get clients!
Argo Blockchain Establishes Hosting Agreement with Merkle for S19J Pro Miners
**Company Update from Argo Blockchain PLC - Hosting** **Date: January 27, 2025 - 2:00 AM** **Hosting Update** Argo Blockchain plc (LSE: ARB)(NASDAQ: ARBK) is excited to announce that it has established a hosting agreement with Merkle Standard LLC ("Merkle") for the hosting of 5, 293 S19J Pro miners at Merkle's facility located in Memphis, Tennessee. These miners were previously hosted by the Company at Helios and will be deployed in February for a minimum term of one year. Discussions are ongoing with Merkle regarding the potential to host additional miners. Furthermore, an extra 2, 500 S19J Pro miners will be hosted at our Baie Comeau facility in Quebec, where we currently have available capacity. The S19J Pro miners that were previously hosted are in the process of refurbishment and conversion from immersion cooling to air cooling. The Company anticipates that this conversion will be finalized by the end of March, with the refurbished units being shipped to both Merkle and Baie Comeau throughout February. By the end of February, following these deployments, the Company expects that one-third of the roughly 23, 000 miners that were previously located at Helios will become operational. As refurbishment efforts advance and hosting agreements are finalized, Argo's hashrate is anticipated to rise consistently throughout February.
Ongoing negotiations for the hosting of the remaining miners are in progress, and the Company will provide further updates on installation plans as developments occur. This announcement contains inside information. For additional information, please reach out to: **Argo Blockchain** Investor Relations ir@argoblockchain. com **Tennyson Securities** Corporate Broker Peter Krens +44 207 186 9030 **Fortified Securities** Joint Broker Guy Wheatley, CFA +44 7493 989014 guy. wheatley@fortifiedsecurities. com **Tancredi Intelligent Communication** UK & Europe Media Relations argoblock@tancredigroup. com **About Argo:** Argo Blockchain plc is a dual-listed (LSE: ARB; NASDAQ: ARBK) blockchain technology company specializing in large-scale cryptocurrency mining. With mining operations in Quebec and offices spanning the US, Canada, and the UK, Argo's global and sustainable activities are primarily powered by renewable energy. In 2021, Argo became the first climate-positive cryptocurrency mining firm and a signatory of the Crypto Climate Accord. For further information, visit www. argoblockchain. com. This information originates from RNS, the news service of the London Stock Exchange, approved by the Financial Conduct Authority to operate as a Primary Information Provider in the UK. Terms and conditions for the usage and distribution of this information may apply. For more details, contact rns@lseg. com or visit www. rns. com. **SOURCE: Argo Blockchain PLC** For the original press release, please view ACCESS Newswire.
Brief news summary
Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK) has entered a hosting agreement with Merkle Standard LLC to house 5,293 S19J Pro miners at Merkle's Memphis facility, with deployment expected in February and an initial one-year commitment. There are also plans to expand the number of hosted miners in the future. Additionally, Argo will host 2,500 S19J Pro miners at its Baie Comeau facility in Quebec, which has adequate capacity. These miners are currently being refurbished, shifting from immersion cooling to air cooling, with completion anticipated by the end of March. Shipments to both facilities are slated for February. Following these deployments, Argo aims to have about one-third of its 23,000 miners from Helios operational by the end of February, boosting the company's hashrate. Further updates on hosting agreements are expected. Argo Blockchain is focused on large-scale, sustainable cryptocurrency mining, primarily powered by renewable energy sources.
AI-powered Lead Generation in Social Media
and Search Engines
Let AI take control and automatically generate leads for you!
I'm your Content Manager, ready to handle your first test assignment
Content Maker
Last news
The Best for your Business
Learn how AI can help your business.
Let’s talk!
Justin Sun's Tron to Go Public via Reverse Merger
Justin Sun, founder of the $26 billion Tron blockchain ecosystem, announced plans to take Tron public via a reverse merger with Nasdaq-listed SRM Entertainment, marking a pivotal step in Tron's growth and visibility in financial and tech sectors.
Top Trump Labor Official: America's Workers Don't…
Keith Sonderling, former deputy Labor Secretary under the Trump administration, recently highlighted a major barrier to AI adoption in the U.S. workforce: employee mistrust.
Avail Goes Full Stack To Capture $300 Billion Glo…
June 17, 2025 – Dubai, United Arab Emirates Avail presents the only blockchain stack that delivers horizontal scalability, crosschain connectivity, and unified liquidity while preserving decentralization
Microsoft and OpenAI Engage in Complex Negotiatio…
Microsoft and OpenAI are currently engaged in a complex and tense negotiation process that could significantly reshape their strategic partnership and affect the broader artificial intelligence industry.
Crypto group Tron to go public in US via reverse-…
Hong Kong-based cryptocurrency entrepreneur Justin Sun’s blockchain company, Tron, is preparing to go public in the United States through a reverse merger with SRM Entertainment (SRM.O).
OpenAI Secures $200 Million U.S. Defense Contract
OpenAI has secured a $200 million contract from the U.S. Department of Defense, marking a major milestone in AI collaboration with federal defense.
AI Experts Discuss Potential Existential Risks of…
The rapid progress of artificial intelligence (AI) has generated significant debate and concern among experts, especially regarding its long-term effects on humanity.
Auto-Filling SEO Website as a Gift
