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HIVE Digital Technologies Ltd V.HIVE

Alternate Symbol(s):  HIVE

HIVE Digital Technologies Ltd. is a Canada-based cryptocurrency mining company that focus on sustainable green energy. The Company is engaged in building a bridge between the digital currency and blockchain sector and traditional capital markets. It owns and operates predominantly green energy powered data center facilities in Canada, Sweden, and Iceland. It also owns hard assets such as data centers and advanced multi-use servers. It operates a fleet of approximately 38,000 commercial-grade NVIDIA graphic processing units (GPUs). Its 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. The Company, through its subsidiary HIVE Performance Computing Ltd., is building HIVE Cloud, an enterprise-grade GPU Cloud service for demanding applications including AI training and inference. It operates over 100 MW of data centers in Canada and 46 MW in Iceland and Sweden.


TSXV:HIVE - Post by User

Post by luckycanuckon Nov 21, 2017 3:22pm
262 Views
Post# 27006066

Volume UP, Price DOWN

Volume UP, Price DOWNLot's of volume today almost 5MM and still time to go.  This is the most volume we have seen in a long time (since the news of the PP shares flooding the market) and the price is way down.  What does this tell you?  Well most likely the price is being manipulated to stay low by somebody who has an interest in loading up on more.  And or as cheap shares become available at this price interest is high so volume is high.   Either way there is a ton of interest in the stock.  Ethereum is just getting started, look for a new high by the end of the month.  This stock has been brutal this past week but we must be getting close to these PP shares being sold off.   I am confident we will see lift-off soon on the back of either the earnins report or Ethereum surging in price more. 
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