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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 wideopenthrottl on Jul 05, 2024 2:33pm

any ideas

any ideas why hive us rocking upwards while bitcoin has dropped so much..
Comment by Traderstock101 on Jul 05, 2024 2:41pm
This post has been removed in accordance with Community Policy
Comment by JackCross on Jul 05, 2024 2:56pm
lol, you base that on evidence there buddy?
Comment by antisense on Jul 05, 2024 4:28pm
I had mentioned this already in a previous post.  These miners will no longer be mining bitcoin but ratehr sell theeir GPU capacity to AI cloud computing.  Look at HUT8 which got $150 Million to do this.  HIVE is next.  Bitcoin isn't profitable anymore but AI computing certainly is!!  Watch this shoot up further and GLTA  beep boop bleep
Comment by wideopenthrottl on Jul 06, 2024 12:08am
good thesis...I have never owned hut but they did similar things...I read  we have a crp load of chips ready to deploy but awaiting???? ....full disclosure I have sold half my position on this run...will rebuy them if we pb...glta
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