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

HIVE Digital Technologies Ltd

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Comment by Asterix99on Mar 23, 2018 12:40pm

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Post# 27770771

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Bitcoin crashing , bubble bursting

That's fine. We will see in the future if this is a good company. They have to prove it first.
Just you should've scaled your purchases. Don't buy on hype. You know what they say, "when everyone is yelling you should be selling, when everyone is crying you should be buying". Last couple of weeks would have been a good time to buy in slowly, if you believe in the company.
It looks like it is slowly bottoming between $1.35 and $1.50. Scaling untill the upward trend is confirmed. At these levels, the trend is still down, but risk is much lower than 2 months ago. To prove that the trend is back up, HIVE needs a strong close above $2.30. If that happens, I think it may get to $3 buy the end of the year. Just my 2 cents, but to each his own.