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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 zenith9on May 07, 2020 4:18pm
74 Views
Post# 30999959

RE:Important Question - Can Anyone Help?

RE:Important Question - Can Anyone Help?

yes theyre mining a relative-ly small amount of btc.

be careful trading in tfsa. Gov will come after you for capital gains

 

Baseballfury wrote: Curious if someone can help me with something. I have HIVE in both my TFSA and RRSP, so I'm in. 

I know there's a ton of chat on here about Bitcoin, but is Hive even mining Bitcoin right now? I know Ethereum and Etherum Classic are their main focus. It is possible that the Bitcoin halving helps those coins - as long as there isn't massive divergence between Bitcoin and alt coins. 

Further - some interesting news that the halving is being moved up a day and a half due to the increased hashrate (it's not a time duration that leads to halving, it's the number of data blocks and they're getting mined faster recently). 


 

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