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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 DotComRichon Feb 19, 2021 3:12pm
206 Views
Post# 32612271

RE:More GOOD NEWS

RE:More GOOD NEWS
I fail to see how nvidia making gpus specifically for Ethereum mining is beneficial for hive?

1) Ethereum mining is coming to end this year or next.

2) Hive does not currently own any of these new miners, they will need to spend to get them, and with ETH 2.0 around the corner is it even worth it?

3) There will be competition to buy these, it won't be easy even if they wanted to

4) This will sky rocket the difficulty

5) Nvidia may even start mining themselves as right now its more profitable to just manufacture and mine than it is to sell the damn things.
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