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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 greendazeon Jan 12, 2021 2:48pm
238 Views
Post# 32277799

More positive press

More positive press

Hive Blockchain Technologies (HVBTF)

a group of red maple leaves representing canadian stocks
Source: Shutterstock

The last entry on the list of crypto mining stocks to buy is Hive Blockchain Technologies, which has a price-earnings ratio of 43.33. Not something to call it a bargain stock, but still it is profitable. The company is based in Canada with operations in Canada, Sweden and Iceland.

The key to success for this small-cap stock is to increase revenues and control costs. For the revenue part, it has already shown a successful positive trend increase for the past three consecutive years. And its operating income for the 12 trailing months is positive.

A recent acquisition allows the company to doubles its bitcoin production capacity, as reported by AccessWire, is positive

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