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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 RetireAt45on Apr 27, 2021 10:42pm
95 Views
Post# 33080184

RE:RE:RE:RE:RE:RE:RE:RE:Beta Boy (demotion required)

RE:RE:RE:RE:RE:RE:RE:RE:Beta Boy (demotion required)I agree that eventually one analysis will become evidently more correct than the other.....but at this point in time there isn't. We are extrapolating what we believe the future will be....hence as of April 27th neither viewpoint is correct....so again I say we have to agree to disagree.

As far as performing as well as last year...lets look at some numbers..

Jan 2 2020 close to April 27 2020 close                         +378%
April 27 2020 close to Dec 31 2020 close                      +703%

Jan 4 2021 close to April 27 2021 close                         +158% (only 42% of last years increase)

let's be hypothetical and assume the April 27 2021 close to Dec 31 2021 close is a similar fraction of last years run (which we would agree is not as good as last years performance)

this is how that would translate:

April 27 2021 close to Dec 31 2021 close                      +295% (only 42% of last years increase)

this would translate to a closing price of $11.65

Gotta admit personally I would be okay with that (again this is all a hypothetical scenario) and we wouldn't be having a performance in 2021 that is even half of last years performance. 

One of the reasons I am okay with that is that according to my research I do not believe ETH 2.0 will be fully released and live before years end (but that can be the topic for a whole different conversation, couldn't it?) and I am also quite comfortable withg my timeline being from now until end of year...personally I am not looking at a longer timeline for my personal investments....and of course this will vary person to person.


45




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