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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

Post by ScotiaOneon Jul 23, 2020 6:33pm
162 Views
Post# 31311055

Staking | Validators | Beacon Node

Staking | Validators | Beacon NodeOK, so I profess that I do not understand this at a level that perhaps I should as an investor in HIVE (a Long). Can someone with deeper techincal knowledge explain if HIVE can repurpose computing power to be a validator and do we have ETH to stake so that we can capitalize on the new Proof of Stake model. If so, is this part of the reason why we are enjoying a little positive uptick in the share price? Look forward to the thoughts of fellow longs... intelligent comments by others... and happy to continue setting the idiots on ignore. It works. Thanks.
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