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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 JackCrosson May 19, 2021 12:49pm
82 Views
Post# 33230572

RE:I'm holding and forgetting about it...

RE:I'm holding and forgetting about it...I did roughly the same thing with BitFarm; averaged up at the wrong time. It's not a loss until it's realized through a sale, so I'm just waiting out the storm. Luckily my average share cost on HIVE is under .50 so a lot of stress is reduced. 

Regardless of what nonsense is spewed daily on the board, if you believe in the asset and the company, ride out the daily swings until you hit your profit targets, trading windows, or stop-loss.

Lagerlo2021 wrote: I bought this and Bitfarm last week which was awful timing of course.
But we knew or should have known that Bitcoin could crash big time.
The question is will come back again??

Im not selling at 50 % loss so I will go away and wait it out. 


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