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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 BlazzingKon Nov 24, 2017 9:16am
292 Views
Post# 27024631

Interesting

InterestingIt's quite interesting to see the price of ETH going up in the last week , as well as DASH (30%) and ZCOIN(50%). Hive could turn out to be the next JPMorgan (maybe not in the very near futur but if current currencies tied to ... faith ... collapse) . This company has alot of potential, specially with the current cost of electricity, 0,065 and 0,09 cents... pretty good if you ask me, not even the chinese have it that good. Although, they will get their cost pretty low due to the incoming solar farms and hydro barrage on the east coast. Still, they live in a country that gets too hot to achieve something comparable to what Hive is doing by having centers in cold countries. That's a very smart decision, and if they add green energies to power up the whole thing, well $$$$$$$$$$$$. I'm expecting 5$ by xmas. After financials come out, even if there's alot of shares that are sold on the open market on december 11, the interest will be so high that'll gobble it all up and SP will go sideways or go up a little.
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