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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 Totallynotcoryon Apr 07, 2021 6:11am
261 Views
Post# 32947477

RE:Hive news release this evening

RE:Hive news release this eveningIt is worth noting that in a press release on Feb 24th that cash and crypto assets was 65 million USD, and as of March 31st it is now 96 million USD. That is an increase of 31 million in 35 days. Eth prices on Feb 24th were around 1481, and March 31st around 1967. So there is about a 30% appreciation on existing inventory, but the rest would be new coins. I find that Hive drops nuggets like these so you can infer, roughly, what their current run rate is.
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