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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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(15)
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Comment by BCherbon Jun 21, 2020 7:26pm
247 Views
Post# 31174952

RE:KOLOS NORWAY!!!

RE:KOLOS NORWAY!!!
Taxslave wrote:
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.computerweekly.com/news/252484792/Datacentre-investment-boost-as-Norways-government-reinstates-tax-relief%3Famp%3D1&ved=2ahUKEwjTsqLQrZLqAhWI-6QKHVq_CYAQFjAAegQIBRAB&usg=AOvVaw0op3g4OlM5ruoe5IE6eocF&cf=1


"In practical terms, the restoration of the tax break reduces the electricity charge for cryptominers from NOK0.1658 per kWh to the significantly lower rate of NOK0.0048 per kWh (0.015 to 0.00045). The tax relief can be claimed by all datacentres with an annual power consumption of 0.5MW and above." ... That's quite the reduction in energy cost.
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