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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 Baseballfuryon Dec 03, 2020 1:43pm
108 Views
Post# 32029616

RE:RE:RE:RE:RE:RE:RE:Realistic Price Targets

RE:RE:RE:RE:RE:RE:RE:Realistic Price TargetsOMG - how would you know what it's like to explain something to a 40-year old when you're 12?

Let's say Hive never amps up their mining. Stupid assumption, but you seem to be making it, so I'll play along. 

$1,500 *32,000 per quarter. Did I say dumb assumption? Still. That will results in an EPS of about $0.10 per quarter. Why? Because their mining costs are fixed for the most part. You would have to be a 12-year old in math to not realize that every increase in Ethereum adds a greater percentage increase for Hive (roughly an $100 increase in Ethereum roughly equals $0.008 in EPS because of fixed costs). 

P/E Ratio of 20 over a year at $0.10 EPS per quarter = $8.00. Over two years - $16. P/E Ratio could be way higher as FOMO kicks in.

That's not including Bitcoin mining and prices either. Nor Ethereum Classic (which is likely negligible on EPS in the futue still). 
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