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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 Oilersgoforcupon Feb 03, 2021 4:32pm
93 Views
Post# 32461876

RE:RE:RE:RE:RE:RE:RE:RE:I only have 2000 shares

RE:RE:RE:RE:RE:RE:RE:RE:I only have 2000 shares I am going to leave this link here so people can understand Ethereum a bit better and come to there own conclusions where this is going....good luck to all !!

https://boxmining.com/proof-of-stake/

The advantage of proof of stake is huge. One benefit is that you no longer have to do the calculations which mean you save a lot of computational power. Another one is that you actually lock up Ethereum. By locking up Ethereum you effectively create more scarcity which means the price should go up.

PoS (Proof of Stake) takes labor work out of the mining process. Instead of electricity and time – the external resources validators are used to putting into generating Proof of Stake – the algorithm enables miners with most coins to write to a blockchain’s history. The underlying principle behind PoS is that the more invested a validator is in the network (the bigger stake they possess) and, therefore, the more validating rights they should be given.
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