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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 03, 2020 1:43pm
119 Views
Post# 32029616

RE:RE:RE:RE:RE:RE:RE:Realistic Price Targets

RE:RE:RE:RE:RE:RE:RE:Realistic Price TargetsOMG - how would you know what it's like to explain something to a 40-year old when you're 12?

Let's say Hive never amps up their mining. Stupid assumption, but you seem to be making it, so I'll play along. 

$1,500 *32,000 per quarter. Did I say dumb assumption? Still. That will results in an EPS of about $0.10 per quarter. Why? Because their mining costs are fixed for the most part. You would have to be a 12-year old in math to not realize that every increase in Ethereum adds a greater percentage increase for Hive (roughly an $100 increase in Ethereum roughly equals $0.008 in EPS because of fixed costs). 

P/E Ratio of 20 over a year at $0.10 EPS per quarter = $8.00. Over two years - $16. P/E Ratio could be way higher as FOMO kicks in.

That's not including Bitcoin mining and prices either. Nor Ethereum Classic (which is likely negligible on EPS in the futue still). 
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