Argo Blockchain Expands Mining Operations
Publicly traded cryptocurrency mining company Argo Blockchain (LSE: ARB, NASDAQ: ARBK) has secured a hosting agreement with Merkle Standard LLC for its mining facility in Memphis, Tennessee, while allocating additional mining units to its facility in Baie Comeau, Quebec.
New Hosting Arrangement for Miners
Under the agreement, Merkle Standard will host 5,293 S19J Pro miners at its Tennessee facility, with deployment scheduled for February 2025 and a minimum one-year operational period. Additionally, Argo plans to install 2,500 more S19J Pro miners at its Quebec facility.
The miners, previously operated at the Helios facility, are undergoing technical adjustments, transitioning from immersion cooling systems to air-cooled systems. Renovations are expected to be completed by the end of March, with shipments to both locations beginning in February.
This deployment represents approximately one-third of the 23,000 miners previously hosted at Helios. The company is also in discussions with Merkle about potentially expanding the current hosting arrangement.
Gradual Increase in Mining Performance
Argo Blockchain anticipates a gradual increase in its mining hashrate as new miners come online. The company continues to explore additional hosting options for its remaining mining equipment.

CEO Announces Resignation
Argo Blockchain CEO Thomas Chippas has announced his resignation, effective February 28, 2025. Chippas assumed leadership of the company in late 2023, during a period of significant challenges for the cryptocurrency market and mining industry.
During his tenure, Chippas spearheaded critical financial initiatives, including early repayment of the Galaxy loan and strengthening the company’s overall financial position. Despite these achievements, Argo reported a net loss of $6.3 million in Q3 2024, reflecting ongoing market headwinds and compressed mining margins.
Financial Stabilization and Future Plans
In December 2024, Argo secured £4.2 million (approximately $5.3 million) through a share sale. This funding was aimed at supporting key initiatives, such as relocating or selling mining equipment from the Helios facility in Texas and further advancing bitcoin mining operations in Quebec.
The company is also exploring expansion into high-performance computing (HPC), potentially unlocking new opportunities in the rapidly evolving tech sector.

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1. Staking Cryptocurrency on Binance
Staking on Binance allows you to earn passive income by locking up your cryptocurrency in a staking wallet. By staking your coins, you help secure the network and, in return, earn rewards. Binance offers staking options for various coins like Ethereum 2.0, Binance Coin (BNB), and others.
Tip: Start by exploring the "Binance Earn" section for staking options and check the annual percentage yield (APY) to choose the best returns.
2. Mining Cryptocurrency with Binance
While Binance does not offer direct mining services, you can use Binance Pool for mining, a platform that helps individuals and enterprises mine Bitcoin and other cryptocurrencies. Binance Pool offers competitive fees and payout structures for miners.
Tip: If you don’t want to invest in mining hardware, you can buy mining-related tokens or participate in staking or cloud mining through Binance.
3. Referral Programs on Binance
Binance's referral program allows you to earn a commission by inviting new users to join the platform. Once your referrals complete activities like trading or staking, you receive a percentage of the trading fees or other bonuses.
Tip: Share your unique referral link on social media, forums, or blogs to start earning commissions without making any upfront investments. Keep in mind that you can also earn commissions from referrals who join Binance's staking or lending services.
Conclusion
Binance offers various ways to earn passive income from cryptocurrency, whether through staking, participating in mining pools, or referring new users. With its user-friendly interface and multiple earning options, Binance is a great platform for beginners looking to grow their crypto portfolios with minimal investment.

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Rosseti, Russia's largest energy provider, is shifting gears to launch crypto mining operations. By allowing power supply centers with spare capacity to collaborate with mining firms, Rosseti aims to develop mining initiatives at centers with low utilization prospects.
According to reports from the Russian news agency TASS, Rosseti plans to act as the coordinator for placing crypto mining infrastructure in regions with low electricity demand. The company sees this as an opportunity to utilize idle power supply capacity and boost its tariff revenue, which could contribute to Russia's economic growth.
"The entire electrical grid infrastructure of the group's companies is equipped with switching and other equipment for managing the load from mining facilities," the company said.
Rosseti has been in discussions about using various tools to encourage power centers with low utilization to turn to crypto mining. These could include offering special tariffs to make mining operations more financially attractive. The company also stated that its affiliates have the capability to manage electricity consumption, ensuring a reliable supply even with the added load from mining operations.
This push to legalize and regulate crypto mining operations contrasts with the past stance of Russian authorities, which has been largely critical of mining activities. By integrating crypto mining into its energy sector, Rosseti hopes to not only optimize energy use but also contribute to the country’s tax revenues.
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Quantum computing, with its unprecedented computational power, is poised to revolutionize various industries, including cryptocurrencies and trading. As quantum computers evolve, they bring both opportunities and risks to the crypto world, reshaping how we perceive digital currencies and their underlying technologies.

Impact on Cryptocurrencies: Quantum computers can process vast amounts of data simultaneously, making traditional encryption methods like RSA and ECC vulnerable. Cryptocurrencies, which rely heavily on these encryption techniques for secure transactions, face a significant threat. A quantum computer could, theoretically, break these cryptographic defenses, compromising wallet security and transaction integrity.
Implications for Crypto Trading: In the realm of trading, quantum computing could disrupt market dynamics. By rapidly analyzing large datasets and executing complex algorithms, quantum computers might outperform traditional trading systems, leading to faster decision-making and potentially more efficient markets. However, this could also result in increased market volatility and reduced fairness, as those with access to quantum technology may gain an unfair advantage.
Effects on Crypto Mining: Crypto mining, the backbone of blockchain networks, could also be transformed. Quantum computers' ability to solve complex mathematical problems faster than classical computers could render traditional mining equipment obsolete. This shift might centralize mining operations, raising concerns about network decentralization and security.
Preparing for the Quantum Era: The crypto industry is not standing still. Researchers are developing quantum-resistant algorithms to safeguard blockchain systems. Transitioning to these new cryptographic standards will be crucial for ensuring the long-term viability of cryptocurrencies in a quantum-dominated future.
In conclusion, while quantum computing presents challenges to cryptocurrencies, trading, and mining, it also drives innovation. The crypto ecosystem must adapt, embracing quantum-resistant technologies to secure its future in this evolving landscape.
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Growth in Bitcoin Reserves Among Miners
Publicly traded mining companies in the US doubled their bitcoin reserves during 2024. By December 31, they collectively held 92,473 BTC, valued at approximately $8.6 billion, with bitcoin's price rising 120% over the year, according to TheMiningMag.

MARA Holdings Leads Bitcoin Holdings
The largest share of these reserves belongs to MARA Holdings, which owns 44,893 BTC, nearly half of the total. This makes MARA the second-largest publicly traded bitcoin holder, following MicroStrategy (MSTR), which owns 450,000 BTC.
HODL Strategy Gains Popularity
The HODL strategy, meaning long-term holding of bitcoin, continues to gain traction among miners. Other major players in the industry holding over 10,000 BTC include:
Riot Platforms (RIOT) with 17,722 BTCHut 8 (HUT) with 10,171 BTCCleanSpark (CLSK) with 10,097 BTC
Diverging Strategies Among Miners
Not all miners have embraced the HODL strategy. Companies like IREN (IREN), TeraWulf (WULF), and Core Scientific (CORZ) hold few or no bitcoins. Instead, these firms have shifted focus to sectors like artificial intelligence (AI) and high-performance computing (HPC), diverging from the traditional mining model.
Stock Performance of Miners
The stock prices of mining companies have not mirrored bitcoin's trajectory. While some miners lagged, firms like Core Scientific and TeraWulf, which pivoted toward AI, achieved returns of over 300%. This year, miners following the HODL strategy, such as RIOT, HUT, and CLSK, outperformed bitcoin's growth. However, Bitdeer (BTDR) recorded negative returns after a strong performance in 2024.

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

"Trading crypto? Don't suffer big losses! Master these 5 strategies: market research, manage risk, use stop loss, avoid FOMO, and keep learning!"
1. Market research before trading.
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4. Avoid FOMO & be patient.
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Taker Protocol Confirmed Airdrop! 🔥

Follow this simple guide to claim your points and maximize your rewards: 👇👇👇 🧵
🔰 What is Taker Protocol?
➡️ @TakerProtocol is a next-gen liquidity platform designed for liquidating and renting various crypto assets, including:
CollectiblesMetaverse ItemsFinancial InstrumentsSynthetic Assets
With a vision to revolutionize digital asset management, it’s one of the hottest projects right now!
🔰 Investment Backing
💰 Taker Protocol has raised a whopping $3M from top-tier investors like:
PolygonDragonfly CapitalAnd other major players!

This robust backing highlights its strong potential.
🎁 Airdrop Strategy
➡️ Taker Protocol is running a Mining Program where you:
Start a miner every 24 hours.Earn points for mining.Points will convert to $TAKER tokens at TGE (Token Generation Event).
The earlier you start, the more rewards you’ll accumulate!
🔰 How to Participate
1️⃣ Visit 👉 https://earn.taker.xyz?start=DK0MJ

2️⃣ Connect your Metamask Wallet.
3️⃣ Switch Network to Taker Protocol.
4️⃣ Click on ‘Connect X’ and link your Twitter account.
5️⃣ Click ‘Start Mining’ to begin your mining journey.

6️⃣ Scroll down and complete social tasks to grab more points! 🎉

💎 Pro Tip:
🔔 Start your miner every 24 hours to maximize your earnings! Don’t miss a day.
🎁💰 Bonus Task
🔰 Visit 👉 https://zealy.io/cw/takerprotocol
➡️ Create an account and join the community.
➡️ Complete additional social tasks (when live) to rack up more points.

⛔ Note: The platform is temporarily down but will go live soon—be ready!
🚀 Wrap-Up
Stay tuned for more tasks and strategies to amplify your rewards!
If you found this guide helpful:
✅ Like ❤️
✅ Repost to spread the word!
✅ Follow @CryptoPatel for exclusive updates, alpha leaks, and more! 👑
Let’s grow and win together! 🌟

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