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HIVE Digital Technologies Ltd V.HIVE

Alternate Symbol(s):  HIVE

HIVE Digital Technologies Ltd is a Canada-based data center company. The Company owns green energy-powered data center facilities in Canada, Sweden, and Iceland. The Company also builds and operates data centers in North America and Europe. Its hardware powers cutting-edge projects ranging from Web3 to AI and high-performance computing (HPC). It operates a fleet of approximately 38,000 commercial-grade NVIDIA graphic processing units (GPUs). The Company's 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. It operates over 100 MW of data centers in Canada. The HIVE Cloud is an enterprise-class service offering affordable computers for demanding applications, including AI training and inference. It also operates 46 MW in Iceland and Sweden. It also operates a 30 MW data center in Lachute, Quebec and a 70 MW data center in New Brunswick.


TSXV:HIVE - Post by User

Post by farmboy123on Aug 14, 2020 11:48pm
472 Views
Post# 31411767

Dont count your chickens too soon

Dont count your chickens too soonThe last few quarters have been marginally profitable on average. We do have a surge happening but we have also seen ethereum drop like a rock overnight when some "whale" decides to cash in.

I am hoping with more acceptance of ether and its benefits, this surge is not a bubble.

Hive's strategy has been to stockpile the coins which is to their benefit right now. in doing this, coins held when ethereum was $120 are also worth $400+ now.

 It must be tempting to sell now but lets hope their gamble on ever increasing ethereum value pays out. It does allow more cash on hand to make strategic investments in equipment or the purchase of other companies.

Any other thoughts on this?




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