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.

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HIVE Digital Technologies Ltd > Easy to see where Frank wants to take this

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Comment by bullFireon Apr 27, 2021 5:22pm

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RE:RE:Easy to see where Frank wants to take this

wow copied and pasted again

AlphaJ wrote: Good point. Unfortunately, the trend is showing that gold money is moving to bitcoin. So ultimately, gold will have no value. This makes sense since gold is old technology. Your premise would be like modern TV continuing to use old cable network services, even though everything is moving to online services and apps. Gold won't survive past the next 20- 30 years. Or thats at least a risk. Consider the data gold used to be 90% money and his declined as money for centuries, now its mostly an heirloom. Second thing id add is. Not to take away from Frank and his experienceand intelligence. But he is a commodities guy. Not a tech guy. And I think that bad for Hive. Most tech companies are headed by engineers and technologists for the great part of their early life cycle. Hive is headed by a commodities guy.

CountOfMeltedCrisco wrote: Anyone even slightly familiar with Frank Holmes' career as first, the CEO and CIO of U.S. Funds and then as a long-time champion and proponent of "sound money", ( read: gold and silver ) can see why he got involved with HIVE and how he plans to use HIVE and Ethereum to offer some DeFi product that lets people actually use gold and silver to transact business as easily as they now use any fiat currency, most of whom will soon have no value.

Watch for U.S. Global Investors to start offering their various Funds priced directly in DeFi. The wait isn't going to be long.