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HIVE Digital Technologies Ltd V.HIVE

Alternate Symbol(s):  HIVE

HIVE Digital Technologies Ltd is a Canada-based data center company. The Company owns green energy-powered data center facilities in Canada, Sweden, and Iceland. The Company also builds and operates data centers in North America and Europe. Its hardware powers cutting-edge projects ranging from Web3 to AI and high-performance computing (HPC). 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. It operates over 100 MW of data centers in Canada. The HIVE Cloud is an enterprise-class service offering affordable computers for demanding applications, including AI training and inference. It also operates 46 MW in Iceland and Sweden. It also operates a 30 MW data center in Lachute, Quebec and a 70 MW data center in New Brunswick.


TSXV:HIVE - Post by User

Post by FinalEpiphanyon Jul 18, 2018 7:00pm
254 Views
Post# 28335702

Technically, short term chart looks great on HIVE and others

Technically, short term chart looks great on HIVE and othersDoubt this earnings, good or bad, will have a huge impact on HIVE share price and other crypto plays as much as BTC price in the short term. 

This stock looks attractive technically in the short term and could reach $1.50 to $2.00 in short order. These crypto plays never traded on fundamentals as most of them don't even generate revenues, they simply rise and fall with the ebb and flow of speculative capital in this space. 

Wait for tmr to see what happens. 
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