Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 sthineion Jul 29, 2021 10:12am
119 Views
Post# 33620505

Hive will blowout numbers

Hive will blowout numbersHive is due to report earnings soon. They should be blow out numbers. Why last reported qtr was the December qtr. Company is not well followed by analysts. In December 2020 qtr ETH was ranging from 300 to 975. In March qtr ranged from 1000 to 2000. In december qtr they had 13.7 million in revs. I am unsure what avg price they got for eth but let's assume a mid range of 700. Mid range in March qtr would be 1500 more than double. In addition to that eth peaked at 4000 after the qtr ended so guidance should be good as well. This does not even take into consideration their btc mining and increased production capacity. In addition to that they shut down their cloud mining of btc in qtr 3 of 2020 which actually encompasses sept to Dec 2019 because it was unprofitable and went to mining with physical rigs but outside of the cloud. Then ramped back up cloud mining as btc pricing improved in early 2020. Income in 2020 q4 which ended March 31 2020 was only $3 million because of some of these issues. They will blow that away. They are mining over 20k eth a qtr and over 200 btc. 20k eth @ 2k is $40 million and 200 btc @ 30k is $6 million. I will estimate they come in around $37-43 million in income for this qtr 4 up from $3 million last year. That would be huge and the would be surpassing the entire fiscal year 2020 income which was $29 million in one qtr.
<< Previous
Bullboard Posts
Next >>