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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 BTC4Lifeon Sep 01, 2020 10:53am
318 Views
Post# 31486275

Defi and Yield Farming - Impact on Hive

Defi and Yield Farming - Impact on HiveA lot of folks who are sitting on the sidelines to buy Hive don't realize that the recent market push is coming from Defi and Yield Farming, and every day they may end up being late to join the upcoming Hive breakout move. 

Over $9.19B have locked in Defi and Yield Farming projects (https://defipulse.com/).  In the month of August, Ethereum miners (ex. HIVE) made $113Million just in fees (get on chain data on https://studio.glassnode.com/ use option 'ethereum').

Yield Farming is becoming extremely big, causing ethereum gas prices to insanly high levels (huge value for Hive). If you wish to be ontop of Yield Farming news and this new craze built on top of Ethereum check out this reddit page: https://www.reddit.com/r/Yield_Farming/ . 

Market will soon realize that Hive is currently underprices.  Their Q3 #s will kick this out of the park. 
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