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HIVE Digital Technologies Ltd V.HIVE

Alternate Symbol(s):  HIVE

HIVE Digital Technologies Ltd is a Canada-based data center company. The Company owns green energy-powered data center facilities in Canada, Sweden, and Iceland. The Company also builds and operates data centers in North America and Europe. Its hardware powers cutting-edge projects ranging from Web3 to AI and high-performance computing (HPC). It operates a fleet of approximately 38,000 commercial-grade NVIDIA graphic processing units (GPUs). The Company's 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. It operates over 100 MW of data centers in Canada. The HIVE Cloud is an enterprise-class service offering affordable computers for demanding applications, including AI training and inference. It also operates 46 MW in Iceland and Sweden. It also operates a 30 MW data center in Lachute, Quebec and a 70 MW data center in New Brunswick.


TSXV:HIVE - Post by User

Post by farmboy123on Mar 24, 2021 1:35pm
84 Views
Post# 32867411

Doesnt make sense to this farmer

Doesnt make sense to this farmerCan some of the (serious) experts help me here.

Hive is currently profiting about $500,000 a day from coin production alone and capacity is increasing.

Why is the price dropping?

This quarter could see profits around $40 million dollars or $.13/share.

What am I missing?

I am not looking for silly rhetoric, thanks. Just curious as to what I am missing.
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