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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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Comment by zenith9on Mar 06, 2020 1:38pm
56 Views
Post# 30776416

RE:RE:BID MOVING DOWN

RE:RE:BID MOVING DOWNNo .20 is too low. Too much support in the mid-20s. What we just witnessed over the last couple days is a short squeeze. We went from 3M short to approx 1M. But now that action is losing steam. The stragglers are just gonna hold I'm guessing. BTC and ETH are trading sideways on a friday...that's never a good sign. Usually they drop when US markets close. That combined with profit taking will ensure this closes in the mid to upper 20s today. Monday could be real red for crypto if BTC doesn't perform over the weekend. And there's no reason why it would. Everything is priced in now.

InvestEase wrote: I am hoping it comes down to .20 however, .27 will do. What do you think? Do you see .20c a possibility?


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