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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). The Company's 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

Post by Bac0non Dec 27, 2020 8:36pm
442 Views
Post# 32186153

HIVE won’t break $3 until January

HIVE won’t break $3 until January

HIVE will likely see modest gains come Tuesday. it won't  break $3 though. If it gets close smart money will sell off and take profits again.

sometime in January is the best case scenario for a $3 dollar run. And where it goes from there is unclear. With such share dilution it's hard to calculate how much it will lag behind its peers. 

BITF and DASH are better positioned to profit from the bitcoin bull run 

-Bac0n

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