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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

Comment by LithiumFutureon Feb 13, 2018 8:27am
243 Views
Post# 27549261

RE:RE:Frank yesterday - Good time to get in x3 movement imminent.

RE:RE:Frank yesterday - Good time to get in x3 movement imminent. The markets anticipate future earnings all the time - it's what they do. If the market was expecting good earnings and good guidance from Hive, it would be baked into the stock price now and we would be seeing much higher prices today. We're not seeing it, so that tells us something.
Either
1) market sees ETH and other crypto pricing as too uncertain and therefore earnings going forward could be diminshing  OR
2)  its a gem that is not being noticed, as some on this board believe

From where I sit, it's the former. Until the G20 countries and major world banks take an official position on cryptos, there will be no confidence or stability in the biz. Any blockchain company like Hive that only mines cryptos will flounder. If Hive also had a division that sold blockchain services to say, banks or shipping companies, and had a stable cash flow with  growth potential, then I could see price increases. Otherwise no. I was long HIVE but sold my position a few weeks ago and will be sitting on the sidelines until I see something solid. That's my 2 cents.
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