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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 Baseballfuryon Oct 27, 2020 12:00pm
237 Views
Post# 31788541

RE:RE:ETH 2.0

RE:RE:ETH 2.0To add - because Proof of Stake requires getting paid out for Ethereum being held in a node, the returns should be more predictable. I have heard anywhere from 5% to 14% on average. So if you are staking 1,000 Ethereum, you could receive 50 to 140 Ethereum. 

The rewards are not completely determined yet, so that part is up in there for sure, but the predictability part of it will be nice once it is set. Further, supply should become more limited as a result rewards being more consistent. These two factors should help to drive up price. 

However - as a poster below mentioned, we are aa long way out. They have had multiple delays already, so we shouldn't worry about losing out on mining opportunities in the near future. I do hope we save enough Ethereum for when Proof of Stake becomes the norm though. 
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