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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 Loquepasoon Jun 29, 2018 12:42pm
176 Views
Post# 28252089

News

News12:36 PM EDT, 06/29/2018 (MT Newswires) -- HIVE Blockchain Technologies (HIVE.V) -- a company with digital currency mining facilities in Iceland and Sweden -- lost more than 1.0% Friday ($0.69 apiece) as it gave operational updates prior to the announcement of financial results for three and 12 months ended March 31, 2018 on July 18 2018. The company said in a statement that since the start of mining in September 2017 until March 31, 2018, HIVE Blockchain mined more than 17,000 Ethereum coins and 54,000 Ethereum Classic coins. HIVE added that it has doubled production by bringing Sweden Phases 2 and 3 online. CEO Harry Pokrandt said: "HIVE Blockchain continues to execute on its strategy of expanding mining capacity within stable jurisdictions with access to green, low cost power and high-speed internet." Price: 0.69, Change: -0.01, Percent Change: -1.43
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