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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

Post by Baseballfuryon Apr 14, 2021 2:46pm
188 Views
Post# 32994123

Big Question that Will be Answered Soon

Big Question that Will be Answered SoonIt looks like there is some pivoting away from miners into stocks that have exchanges (Coinbase of course is the obvious, but there are other companies that have crypto trading platforms). 

The biq question is whether the recent high in Bitcoin has been a small pump and now that Coinbase has launched, it will correct significantly? Bitcoin (and other coins) have been primed for a big correction for awhile now - I wouldn't be surprised to see significant correction in the market. It's analogous to selling the news on Coinbase. I still expect Bitcoin to hit roughly $70,000 before a large correction occurs. 

Doesn't mean Hive is in trouble long-term, it just means that there may be some negative days in the short-term if it happens. 
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