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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

Comment by Oilersgoforcupon Feb 03, 2021 4:32pm
82 Views
Post# 32461876

RE:RE:RE:RE:RE:RE:RE:RE:I only have 2000 shares

RE:RE:RE:RE:RE:RE:RE:RE:I only have 2000 shares I am going to leave this link here so people can understand Ethereum a bit better and come to there own conclusions where this is going....good luck to all !!

https://boxmining.com/proof-of-stake/

The advantage of proof of stake is huge. One benefit is that you no longer have to do the calculations which mean you save a lot of computational power. Another one is that you actually lock up Ethereum. By locking up Ethereum you effectively create more scarcity which means the price should go up.

PoS (Proof of Stake) takes labor work out of the mining process. Instead of electricity and time – the external resources validators are used to putting into generating Proof of Stake – the algorithm enables miners with most coins to write to a blockchain’s history. The underlying principle behind PoS is that the more invested a validator is in the network (the bigger stake they possess) and, therefore, the more validating rights they should be given.
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