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HIVE Digital Technologies Ltd. V.HIVE

Alternate Symbol(s):  HIVE

HIVE Digital Technologies Ltd is a Canada-based data center company. The Company owns green energy-powered data center facilities in Canada, Sweden, and Iceland. The Company also builds and operates data centers in North America and Europe. Its hardware powers cutting-edge projects ranging from Web3 to AI and high-performance computing (HPC). It operates a fleet of approximately 38,000 commercial-grade NVIDIA graphic processing units (GPUs). The Company's GPU fleet includes 4,000+ NVIDIA A40s w/ 48 GB RAM, 400+ NVIDIA RTX A6000s w/ 48 GB RAM, 12,000+ NVIDIA RTX A5000s w/ 24 GB RAM and 20,000+ NVIDIA RTX A4000s w/ 16 GB RAM. It operates over 100 MW of data centers in Canada. The HIVE Cloud is an enterprise-class service offering affordable computers for demanding applications, including AI training and inference. It also operates 46 MW in Iceland and Sweden. It also operates a 30 MW data center in Lachute, Quebec and a 70 MW data center in New Brunswick.


TSXV:HIVE - Post by User

Comment by HonestAbeon Nov 22, 2017 1:25pm
175 Views
Post# 27012870

RE:Hive is the best of the best

RE:Hive is the best of the best You are making up numbers and assumptions. HIVE does not have the lowest mining costs nor does it have the lowest electricity cost either. In fact, they overpaid 8x for equipment from Genesis and also have to pay them an overpriced monthly service contract too. So with all that on mind, how are they even competing with others after you add in the depreciation and amortization of its capital assets acquired at inflated price and the eztra service fees (that no other miner has to pay)??
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