Argo Blockchain announced a new hosting arrangement with Merkle Standard LLC to host 5,293 S19J Pro miners. These miners were previously hosted by the company at its Helios facility.
The deployment of these miners is scheduled to occur during February at Merkle's Memphis, Tennessee location, under a minimum one-year term. This agreement provides a solution for a portion of Argo's mining fleet.
Securing new hosting capacity is crucial for Argo to maintain its operational hash rate and continue its Bitcoin mining activities, mitigating risks associated with expiring agreements.
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