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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

Comment by RetireAt45on May 05, 2021 5:23pm
151 Views
Post# 33137221

RE:RE:RE:RE:obvious manipulation of SP

RE:RE:RE:RE:obvious manipulation of SPif i had to hazard a guess is someone simply dumped a fair amount of shares at market....on a normal chart it looks like a big drop in one second from one price to another....but when i looked at the trades to the 3rd decimal place of a second it looks more like one of 2 things to me..

large sell at market (which would then cascade the price down quickly dependant on the bids)

or an intentional sell at a low price (which would have the same effect essentially like doing it at market)

either way...bottom line it just sux that someone dumped right at the end of day...but we live to fight another day..

for the time being just remember these things:
  1. making money on BTC everyday
  2. making really good money on ETH (at new ATH) everyday
  3. making really great money on ETH Classic (which broke $100) everyday

so bottom line HIVE is just printing money hand over fist....even with EIP 1559 and ETH 2.0 looming in the future....

45
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