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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 talkmarket2on Dec 24, 2020 8:56am
428 Views
Post# 32176387

RE:why is the stock plunging pre market ?

RE:why is the stock plunging pre market ? I agree, Frank is very confident the stock is worth over $3.00. There new S8 miners should be up and running by the end of next month, thus there production of etherium will increase dramatically from the older machines.All the mining stocks have sold off from there recent runs. This is completely normal, and as far as analysts are saying we are just starting the bull run in crypto, and many feel etherium will outperform bitcoin in this cycle. They earned .03 USD for last quarter .....thats .12 USD ....about .15 CAD for 4 quarters if no further growth. .15 X 20 PE is a $3.00 CAD stock price. Money is flowing into the crypto sector by the billions. I will follow the money and bet this bull cycle has a long, long way to go still.
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