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HIVE Digital Technologies Ltd V.HIVE

Alternate Symbol(s):  HIVE

Technology Software - Application Blockchain
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 > Price consolidation
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Post by Biggaineron May 20, 2021 3:44pm
151 Views
Post# 33241989

Price consolidation

Price consolidationI think price of Bitcoin will continue to consolidate and will trade in a tighter range in the coming days, not  weeks or months. 
Bitcoin will continue to trade in a downward trend where $ 41,000 is the next resistance level.
If Bitcoin breakout of this trading range it will probably go back up to $ 47,000, if it struggles to break $ 41,000 - $ 42,000, It may go lower.



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