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

HIVE Digital Technologies Ltd > Expect a nice bump for hive as bitfarm investors flee

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Comment by bullFireon May 18, 2021 4:02pm

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RE:RE:RE:RE:RE:Expect a nice bump for hive as bitfarm investors flee

I expect BITF S/P with dilution to be about 2.00 in a month or two. They need to finace those "projects" somehow. Or they will sell most of their crypto to fund it.

MrBeckhamJr7 wrote: Expect bitf's shares to be worth less and less by the end of 2021.

bullFire wrote: This is just the beggining for dilution for BITF. I agree. 2-4 more years of growing pains, dilution, selling cyrpto. BITF will have a terrible time trying to turn profits. HIVE is already established and rolling heavy. $$

DotComRich wrote: This will play out over a week or two, and then a few months from now they will have to do it all over again since they make no money. Then a few months from there they will do it again, mark my words. Bitfarms still has at minimum another 2 years of growing pains. It may be a great stock for the next bull cycle, but certainly not this one. Lets not forget how much capital they have tied up in miners that won't see the light of day until mid to late 2022. Meanwhile hive is paying all their bills and stacking cash with just their ETC mining alone, everything else is just pure profit.