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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

Post by Biggaineron May 21, 2021 1:11pm
238 Views
Post# 33248525

Games being played

Games being playedIt's funny how just 2 weeks ago, the media and the crypto bulls and pumpers were all saying how Bitcoin is going to $100,000 to even $1,000,000 a coin. Now pretty much everyone is sh*tting on Bitcoin, and in a very timely manner; - Mention of perfect Wykoff pattern (bearish pattern) on Bitcoin chart. - in mid May, Bitcoin forms a head and shoulders (another bearish pattern). - around the same time Tesla announces that it will no longer accept Bitcoin. - China bans financial firms from servicing bitcoin transactions. - U.S. treasury calls for stricter cryptocurrency compliance with IRS. - China calls for regulation for crypto and miners. Are games being played? Will they continue to consolidate in the 30k's? How long before the next leg up? (Whales are not done with this play). I'm not buying any more for the time being, but when the time is right I'm going all in. Just got to look for the right signs.
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