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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 TrumpSavageon Apr 09, 2020 9:46pm
166 Views
Post# 30896461

RE:My Opinion

RE:My Opinion I agree wholeheartedly. Steady accumulation, I was expecting the price to drop off since the last spike but it has held suprisingly steady even when the news dropped. Usually there's a sell on news. This indicates to me that we are in an accumulation stage. That is combined with profitable last financials at an average $130 ethereum price. Next financials should be higher considering we're pumping out the eth by the day. The upcoming halving event will draw in a lot of investors even if it's purely based on hype. The whole hedge against inflation narrative will help prices too. I can say that I'm pretty excited about my investment here. Built a solid position in the teens. Good luck all. Looks like the real discussions happen when all the trolls are laid off.

opsman93 wrote: I haven't bought a penny stock in quite some time, however with Hive I like what I see. That daily accumulation is creeping higher each day even with the price consolidation from $0.55 with the price action today almost nobody selling, just slowly buying. Also they essentially just doubled in size as of yesterday. One last point would be bitcoin and ethereum might get a rush as safe havens JMO DYODD


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