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HIVE Digital Technologies Ltd V.HIVE

Alternate Symbol(s):  HIVE

Technology Software - Application Blockchain
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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•••
Post by KingKongon May 03, 2019 2:21pm
71 Views
Post# 29708048

Bitcoin Mining’s New Bidding War........

Bitcoin Mining’s New Bidding War........The cost of secondhand cryptocurrency mining equipment in China has nearly doubled in recent weeks as a result of bitcoin’s price jump over the same period.


The Takeaway

  • As bitcoin’s price edges up, secondhand mining equipment is becoming more profitable to run
  • As a result, the price of used miners has nearly doubled in recent weeks, to $250-$320 for old Bitmain Antminers
  • Somewhere between 220,000 and 700,000 mining units could come online this summer
  • Newer, more powerful models won’t be shipped for months and take longer to pay for themselves
https://www.coindesk.com/bitcoin-minings-new-bidding-war
Bullboard Posts
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