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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 Dec 01, 2020 12:15am
255 Views
Post# 32007168

RE:RE:Amazing Results!

RE:RE:Amazing Results!Agreed on the POS vs. POW - however, Ethereum is at least two years away from moving to POS fully. They're not even sure how to accomplish their final phase yet. POS was supposed to start happening in 2018, so these roadmaps are always off (because moving to POS is apparently not easy).  

I suspect three years from now, Ethereum will finally move into POS. If we can ramp up Ethereum production over that time and keep around 500,000 coins (yes I really believe they're aiming for more), when it does move to POS, they can stake them and earn a passive income on almost no margin. Maybe we'll find out more on the call tomorrow?

I like the idea of doiing more Bitcoin than Riot one day - that is appealing for sure.  


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