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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 ScotiaOneon Aug 19, 2020 5:28pm
158 Views
Post# 31430806

RE:We're at an apex...

RE:We're at an apex...

I think you jinxed us with that .48 to .52 remark! ;) lol  The financials will be good I suspect.


AliasNumber32 wrote: If Hive can maintain an sp of .48 - .52 today, the pennant pattern that has formed and constitutes the handle of the larger cup will be complete and ready for break out (supporting a fib retracement of .236) In any case... .48 and .52 are prominent in this pattern. However... as I said, this pennant is part of a handle that could extend as low as .36 (If this is indeed a successful cup and handle pattern) for a full 50% retracement (which is what the inner cup had). However, a 50% retracement would indicate another short stint up so I tend to think we will not retrace that much... considering another stimulus is on the way and ethereum is trading more than ever with very bullish sentiment and global industry is attempting a reboot. A lot of new money in the playing field. Should be interesting....

GL

 

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