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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

Post by Kevelleon Jul 04, 2018 7:46pm
129 Views
Post# 28269870

cryptos will eventually remove fiat for good

cryptos will eventually remove fiat for goodSwitzerlands fast-growing cryptocurrencyindustry could have full access to conventional banking services by the end of the year. Heinz Tnnler, finance director of Zug canton, told the FT that politicians were moving to allow crypto companies to work with banks, adding thatSwitzerlands central bank, financial supervisor and, federal government are willing to help. "We hope to clarify relationships by the end of the year at the latest, he said. Time is pressing other jurisdictions such as Malta and Singapore are very active and making a lot of effort to attract these companies. The lack of access to bank services is a significant competitive disadvantage. Switzerland is home to Crypto Valley, a cluster of companies and foundations in the small town of Zug just outside of Zurich.
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