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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 canadiangunner1on Sep 11, 2020 9:45pm
199 Views
Post# 31547634

RE:RE:RE:RE:Numbers

RE:RE:RE:RE:NumbersI think he has done some questionable things in the past. He's a bit of a snake oil salesman. I don't like what he has done with hive since inception:

1. selling all his shares at 4 bucks.
2. Getting hosed by genesis
3. Genesis almost overthrew him and he fought it and won but didn't get a penny back from genesis
4. constantly late with regulatory matters
5. Telling shareholders they were actively looking for a CEO and then never hire one
6. poor transperancy with shareholders on so many fronts
7. Has wasted about 400 million raised with about 35 million in assets to show for it?

anyways I'm a shareholder and have been here for a while. I'm hoping this thing turns and some of the moves Frankie has made over last 8-10 months have been good. He's fixed some of his errors but there are more to fix. I think this company is trading so poorly due to lack of confidence in the management group and obviously Frankie is a big part of that. Until he goes into the background I doubt hive takes off to new highs. Hire a qualified ceo with a vision and can execute strategy and I love the potential here. Wait to see what happens first the new ceo or filing of financials from 6 months ago lol. 
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