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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

Comment by Ghostofrljpon Sep 29, 2019 1:39am
152 Views
Post# 30174772

RE:RE:RE:RE:Financials released at Midnight!!....WOW

RE:RE:RE:RE:Financials released at Midnight!!....WOWYtinasni

Thank you for the clarification. 

I do not see where the changes in working capital are but do note the decrease in receivables which is normally a good thing as it brings in cash. But not seeing the transaction you refer too in the financials but I trust your view. It would have to go to genesis as an operational expense so interesting to see how its all accounted for. But not that interested to spend the time to dig in and learn about it from this failing monstrocity. 

There is nothing pretty here. This is a complete wash. The Balance sheet is a mess completely. The income statement has very little hope going forward unless the product they mine goes up substantially in value. 


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