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HIVE Digital Technologies Ltd V.HIVE

Alternate Symbol(s):  HIVE

Technology Software - Application Blockchain
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

HIVE Digital Technologies Ltd > Become relevant or risk disappearing
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Comment by bazbuzon Apr 20, 2021 11:40am
195 Views
Post# 33029246

RE:RE:RE:Become relevant or risk disappearing

RE:RE:RE:Become relevant or risk disappearingNot at all...HIVE led the pack and were the early initiators of 100%  cheap Green Energy...   Ethereum wil be difference...                                                                                                                                                                                                                                                                                                                                                       https://www.fool.ca/2021/04/14/are-bitcoin-miners-the-top-canadian-stocks-to-buy-right-now/                                                                                                                                                                                                                                                                                                                                                                                                      

The top Canadian cryptocurrency stock to buy right now

While BitFarms and Hut 8 are quite similar, HIVE Blockchain Technologies (TSXV:HIVE) has some major differences.

For starters, it mines more than just Bitcoin, which adds a degree of diversification, lowering some of the risks for investors in theory. However, the differences go well beyond just a little diversification.

HIVE is much more exposed to Ethereum, a completely different blockchain network. Ethereum is the most actively used blockchain, and its native currency, Ether, is the second most valuable cryptocurrency after Bitcoin.

This is one of the reasons why HIVE is such an intriguing Canadian stock to consider buying today. Many expect Ethereum to continue to open up new possibilities and potential with its blockchain technology.

And if Ethereum can continue to grow in popularity, HIVE will see some massive growth. That’s why I think HIVE is the top Canadian cryptocurrency stock to buy right now.

 
 

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