HIVE Digital Technologies Ltd. V.HIVE

Alternate Symbol(s): HIVE | V.HIVE.W

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. > Congrats to all who added to their position yesterday

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Comment by JackCrosson Jan 05, 2021 1:31pm

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Post# 32224781

RE:Congrats to all who added to their position yesterday

rwfresh wrote: All doom and gloom yesterday in the news because BTC and ETH dropped from their massive 40% gains.

Perspective. Congrats if you pulled the trigger.

The news out of the USA about the now accepted use of stable coins and blockchains for financial institutions helped quite a bit to stem the tide of any depreciation in price. (ref: https://www.bankingdive.com/news/office-comptroller-currency-blockchain-stablecoin-INVN/592834/ )

This should help stabalize and push the market forward, and HIVE is well leveraged with their ramp-up of production.

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