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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 AlphaJon Apr 06, 2021 4:50pm
49 Views
Post# 32943625

RE:RE:RE:RE:RE:yea

RE:RE:RE:RE:RE:yea
like I said, I'm just reading between the lines here. Yes sure they can switch to something else. But that doesn't come without issues. I can only speculate what those issues are;

1. It's not like flipping a switch, reconfiguring hardware costs million is software and hardware reconfiguations

2. Other cryptos are not as profitable. Or even more importantly, other cryptos may not have a future.. BTC and ETH are the only cryptos that have solidified a future. Choosing another crypto is risky, who knows which ones will survive.

3. Switching to Data centers is viable but probably not as profitable and highly completive.

Just guessing here but like I said, I'm just listening to the eth miners and they ain't happy. So, why would you as investor be so optimistic if the miners aren't?
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