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HIVE Digital Technologies Ltd V.HIVE

Alternate Symbol(s):  HIVE

Financial Services Blockchain Cryptocurrency
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 zenith9on Mar 05, 2020 1:02pm
146 Views
Post# 30771175

BITCOIN HAS BECOME A SAFE HAVEN AGAIN

BITCOIN HAS BECOME A SAFE HAVEN AGAINWhen institutions exited Bitcoin over last few weeks the majority holding moved back to retail. This was a risk-off move in the institutions mind. This means that the market mentality now favors safe haven status just like gold. Bitcoin and Gold are rising today which is proof of this while SPX falls.

This also means that as coronavirus gets worse and SPX falls Bitcoin will get stronger.

This is good news for the miners and the shorts better cover fast to save their shirts.
Bullboard Posts
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