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HIVE Digital Technologies Ltd. V.HIVE

Alternate Symbol(s):  HIVE

Technology Software - Application Blockchain
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

HIVE Digital Technologies Ltd. > KOLOS NORWAY!!!
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Comment by BCherbon Jun 21, 2020 7:26pm
244 Views
Post# 31174952

RE:KOLOS NORWAY!!!

RE:KOLOS NORWAY!!!
Taxslave wrote:
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.computerweekly.com/news/252484792/Datacentre-investment-boost-as-Norways-government-reinstates-tax-relief%3Famp%3D1&ved=2ahUKEwjTsqLQrZLqAhWI-6QKHVq_CYAQFjAAegQIBRAB&usg=AOvVaw0op3g4OlM5ruoe5IE6eocF&cf=1


"In practical terms, the restoration of the tax break reduces the electricity charge for cryptominers from NOK0.1658 per kWh to the significantly lower rate of NOK0.0048 per kWh (0.015 to 0.00045). The tax relief can be claimed by all datacentres with an annual power consumption of 0.5MW and above." ... That's quite the reduction in energy cost.
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