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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 Oct 20, 2020 2:59pm
161 Views
Post# 31749224

RE:Hive = Garbage

RE:Hive = GarbageFew reasons for this:

1. share count us almost triple what it was when it hit 6 bucks
2. the management team has burnt raised funds and haven't allocated monies effectively 
3. largest shareholder issued a proxy battle against frankie and are obviously not happy with his BS (just like the markets)
4. Hive continues to be without a full time CEO and true visionary...frank and his BS is very transparent to the market place now as he says the same stuff all the time ...."it's like a royalty company"..."first to market"..."my godsons told me about it"...it's like a gold play...blah blah
5. they can't meet basic regulatory requirements...can't even file Financials on time 
6. have failed to do anything with older gpu's
7. Aren't at full capacity at any of their facilities

in short...mgmt needs to go and a new leader needs to turn this thing around
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