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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

Post by MxwllSmrton Dec 29, 2020 3:59pm
401 Views
Post# 32193401

HIVE/ETH/Web 3.0/Defi

HIVE/ETH/Web 3.0/DefiLet me do my best to give you the most simple explanation I can as to why HIVE is a great investment... 

What most people don't talk about in the forum here are things like the building blocks for applications i.e. HTTP (Hypertext Transfer Protocol), AJAX (Asynchronius JavaScript) and XML, and MySQL (a relational database management system which is used to add everything from pictures to an inventory list to a corporate database)... 

Web 3.0 will allow an individual, as a digital identity, to control their own assets and identity online... not Facebook... not Google... not the data merchants nor any Government... Web 3.0 is the beginning of the end for TPTB (the powers that be and status quo (F&G) and is the beginning and onslaught of innovation and improvements of process to what we know today... 

ETH is the foundational cornerstone that allows people to interact with each other in a manner that's of benefit to both parties, without the need to trust the other... it is the single foundational building block to what truly is a peer to peer web. ETH is also the foundational cornerstone to Defi (Decentralized Finance) because most of the applications that identify as "Defi" are built upon Ethereum.

Now, that being said, over the past 3 years, the financial types and the trader wannabes, have attempted to turn ETH into a purely financial product... but its not... so despite the financial types trading it back and forth at around $730.00 today, most will miss that in a year or two it becomes the "carbon" of Web 3.0 and the economies that are created during that time...

BTC is recognized today as a store of value... and with ETH, well, they're not going to even see it coming...

Whether by dumb luck or design, within a year, HIVE is a vital piece of Web 3.0...

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