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

HIVE Digital Technologies Ltd > I sense regret in selling on Thursday by

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Comment by DotComRichon Dec 28, 2020 9:53pm

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RE:RE:RE:RE:RE:RE:I sense regret in selling on Thursday by

You're talking as if Ethereum prices are just going to remain at these levels, and only Bitcoin is going up, therefore the mining companies heavy in BTC will outperform HIVE solely on this basis. Meanwhile Ethereum has outperformed Bitcoin since the bottom of the wick on the covid crash in March doing over 700% vs BTC 600%, and we are all well aware of how ALT season works and when it traditionally starts (January) and how supressed ETH has been the past 2 months.

Even if BTC goes to 50k and ETH stays around $1000, HIVE is still vastly more profitable than its competitors.

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