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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 TripleWoodon Feb 10, 2021 7:46pm
168 Views
Post# 32533179

RE:RE:44000 btc /1700 hive seems to be the new bottom

RE:RE:44000 btc /1700 hive seems to be the new bottomEvening Guys, 

You're definitely onto something, because it does not makre regular sense. 
Yeah we have a large float circulating, but interest in the stock will start covering that off, it's something else. 

All Evident Share Price manipulation factors in Fear, Greed and a mechanism to move the pendulum one way or the other ... and invloves Share Volume Movements. 
If you can shift enough shares to get some attention, you have some power.

Normally manipulation might happen from short-selling, where higher priced borrowed shares are unloaded to depress the SP (you know - when retail panics and sells when they see red - lowering the price) enough for the shorter to replace the stock they borrowed with the new lower priced shares. 

What else can happen ... Institutions or large players do the unloading and again it's volume from some hedge fund or something. 

Maybe something lame like placing a large sell/buy order (Again Volume) - generate a buzz - Cancel the order just before all the sheep move on through and the big fish gets what they want near the price target they wanted when they planned the whole mess ... Ahhh Volatility. 

We make money dragging our butts through the dips and bumps, so we can't complain too much. 
Hey, maybe us retail guys are just being psychologically, manipulated and kept off balance guessing what the heck is going on, but we won't be the ones caught on the wrong side of a trade ... with a little caution. 
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