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Bullboard - Stock Discussion Forum 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... see more

TSXV:HIVE - Post Discussion

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Post by TheHermit1 on Nov 02, 2020 10:20am

Ethereum

Hive, worlds largest public miner of ethereum. What happens when Ethereum changes to POS and you can no longer mine it POW. This move is probably happening by end of this month.
Comment by Livefreeordie on Nov 02, 2020 11:46am
To reiterate, ETH 2.0 won’t be fully live till 2022. While it is  launching soon, it is just a test and will operate alongside POW. 
Comment by canadiangunner1 on Nov 02, 2020 12:23pm
This is false. Mining of ETH will continue well into 2022 at minimum. Bigger question is does hive invest in newer equipment to keep mining hive or move on to other mining activities?
Comment by AlphaJ on Nov 02, 2020 6:16pm
i wonder if there is any point mining over POW until 2022. POS doesnt require energy, probably cheaper to mine. But on the flip side. With such an easy entry into the industry, itll probably becomenway to competitive to mine.
Comment by SPLENDID12 on Nov 03, 2020 11:51am
This post has been removed in accordance with Community Policy
Comment by gatekeeper1977 on Nov 03, 2020 12:19pm
This post has been removed in accordance with Community Policy
Comment by LIVESTREAM33 on Nov 04, 2020 12:36am
This post has been removed in accordance with Community Policy
Comment by ScotiaOne on Nov 02, 2020 5:42pm
Hermit buddy, go back in your cave or do a little reading and research before posting. Like Gator said, we've covered this. HIVE is well positioned under either system.
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