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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 20, 2020 6:57pm
150 Views
Post# 31589105

RE:RE:RE:RE:RE:RE:Weekend poll

RE:RE:RE:RE:RE:RE:Weekend poll

Literally every "fact" you posted is not true. I can't be bothered with your misinformation but to say the least:

1. frank isn't the interim ceo...go to the website and look at his title. His focus is on GROW and gold NOT hive! Just google his name and see what he's linking himself with. Only FT person for hive is Darcy and he can't even file financials on time! Doesn't give me much confidence in the CFO. It's embarrassing not to file financials on time, it's pretty basic stuff that other miners have had no issues with.
2. They have missed filing deadlines for the last 3 filings not just the last one! June ended stmts are due by September 30th let's see if they will get it filed or file for another much needed extension lol.
3. Frank didn't put any of his own money in for Kolos that's a straight lie. They wasted $10 million of hive money on it and don't seem to have a plan to recoup any of it. Terrible if they let it just go as it's got potential to be a world class blockchain region (just google Kolos and see the background here). They should be working hard to safe it, could be the one thing that really turns this ship around. A JV or strategic partner to build out a centre here would be a huge strategic win in the bloc gain arena.
4. Read the MD&A they speak to Sweden issue directly and how VAT rulings in the country may require it to relocated, not exactly ringing of great profitability. Again this is all in the MD&A that was just filed.
anyways chucky like others you are on ignore going forward so enjoy.

again, hopefully we get some good news from hive over the rest of the year and we can get out of the pennies. Some of what could be positives for me outside of crypto popping:

1. hire ft ceo to action and execute a strategic pla 
2. jv or strategic alliance to build out kolos
3. M&a surprise, either merge or acquire assets that provide value for $'s spent. 
4. Genesis is still the wildcard with 16% here, hopefully ongoing dispute doesn't cost us.
5. Execute on revenue diversification so we aren't just a mining company. Find other blockchain opportunities for the older rigs.

 

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