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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 Asterix99on Feb 20, 2018 11:10pm
221 Views
Post# 27591882

RE:Update from the stop loss folks

RE:Update from the stop loss folksAgree. Moved my stop loss to breakeven at $1.98. If it breaks, I'll wait for another entry point. Even though volume was low today, it closed strong. My concern for tomorrow is over 6% drop in BTC and 8% in ETH. Will see tomorrow if this move today is due to crypto price or pending financials (due March 1st) or some other pending news. My personal feeling is that HIVE will move up and settle in the $3 range by mid March. I am hoping to ride that upside. After that it will be a rough ride without more transparency from the management. But you never know, HIVE used to have 40% daily swings. I just wish volume is back in 4M range. Good night.
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