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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 Masterbuilderon Jan 04, 2018 2:11pm
390 Views
Post# 27282401

Message from a Blockchain pro

Message from a Blockchain proI am newly invested in HIVE and work in the blockchain (BC) industry. Earlier in my career I was an investment advisor at a top three firm. Tech and investing are not new to me. Decentralized networks like the BC will always require miners. That is the nature of the tech. There is broad belief that BC will is the "next big thing", which it is. So, HIVE will always have a place in the world. And the more demand that is placed on the BC, the greater the opportunity for miners in terms of "volume". However, the token value rewards for mining will obviously go down... they are already trending that way. As many here have written, the value of accumulated crytpo has gone up so far, but it will be important to be mining for the future leaders which are NOT likely to be Bitcoing or Ethereum. Watch to see what Japan and the Asian markets are trading most... they move early and represent more than 40% of volume in Bitcoin alone. I also think that as "proof of stake" becomes more important then "proof of work" it will be important for HIVE to look for North American growth footprint and also look to provide support for private BC networks which means they need new strategic alliances. Lastly, centralized networks are also an opportunity for HIVe, especially since Ripple (XRP) could become the #1 crypto by market cap by the end of 2018. CATALYST: HIVE has a booth at the Cantech 2018 show later this month which should bring in many new investors. For me... this is a great time to start building a position.    
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