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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). The Company's 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 Chrysanthalason Apr 09, 2018 3:45pm
63 Views
Post# 27855001

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Agony will continue

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Agony will continueSee, this is what happens when you have investors who don’t actually know what tge business does get all crazy by their own total ignorance.  Hive mines coins to use for tge future Ethereum network that is literally being created world wide right now.  Their costs are so small compared to what they can mine that they are easily covering their costs.  When they were mining at 700 a coin they only sold coins to cover costs of operations as was indicated in the financials notes.  Based on fundamentals yes, their stock is not the best.  But based on business model, the stock is amazing. By not selling they have invested into this future network that EVERY BANK IN ASIA with even an IOTA of sense is using.  Why is India cutting out crypto? Fear. They had three world leaders have to explain the advantages of solar before they got on board that piece if tech.  China has banned crypto to stop capital flight not because they fear the tech.  Japan is booming, South Korea is joining them, Canada is adopting crypto currency for the CSE, their own bank token, almost every countries main bank is doing the same.  You have to be blind to ignore that.

This board, so ignorant.
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