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

HIVE Digital Technologies Ltd. > Hive Worth $5? It Could be Way More - Easily!

<< Previous

Bullboard Posts

Next >>

Comment by Bac0non Dec 01, 2020 10:22pm

186 Views

Post# 32015733

RE:Hive Worth $5? It Could be Way More - Easily!

well if you believe it's going to $16 dollars you should still be buying heavy at 1.20. I trust you are?

Baseballfury wrote:

This isn't a pump - do the math.

If Ethereum goes to $2,500 next year (which is a legitimate prediction), that will result in an EPS of roughly 0.15 per quarter at current mining rates. However, they are also planning on expanding mining capabilities greatly.

If they for instance, start mining 50,000 Ethereum per quarter at an average price of $1,500 (just being conservative with price here) they're looking at about $0.20 per quarter in EPS.

$0.20*4 = $0.80 EPS for a year. If their P/E ratio goes to 20 (also reasonable), they're at $16/share. That's not considering a greater increase in mining coins, as well as not factoring in Bitcoin revenue.

Of course, POS for Ethereum will kick in at some point in the next 2-3 years too, so beyond that, it's difficult to predict, but $20 a share in the next 1-2 years does not seem outlandish.