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

HIVE Digital Technologies Ltd

Bullboard Posts

Comment by Ghostofrljpon Jul 16, 2019 8:08pm

208 Views

Post# 29927334

RE:Bearish

Just look at the financials the ammortization and then the equipment assets and do the math. They are being written down at a pace of $9 million a Q.

Then look at the income statement and what does ETH have to be for them to even break even? Its multiples of here. The model is not sustainable.

Bullboard Posts

Rig Count Soars as Utilization Surpasses Industry Averages