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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 G8keeperon Jun 10, 2021 11:38am
114 Views
Post# 33362578

Really bro

Really bro
ight now there is a raging debate amongst economists. I've been so focused on crypto I missed the marco environment indicators which, as of now is really shaping up. Weve been seeing a ton of inflation over the last year and as of late there was a huge spike in inflation, especially in commodities. But if you watch Cathie. The counter argument is, it was temporary and that supply side will start meeting demand expectations and possibly overshoot, causing a ton of deflation. How does this effect us? Well, right now everyone is afraid of inflation and that the Feds may raise interest rates to counter inflation which is putting downward pressure on risk on assets such as tech stocks and Bitcoin. But what we might see is, if deflation runs rampant. We could see a swift return back to risk on assets like Bitcoin. Think about it, if costs come down, no need to raise interest rates. I have more money to risk. We could be shaping up for a massive Bitcoin run in the next few months. Im honestly wondering if we will run away up to $300k USD Bitcoin before a nasty bubble pop. Hold on tight. It's going to be interesting. If any of you are watching the macro economic environment. I'd love to hear some good insight. I'm doing alot of research on this between jobs. But I'm also seeing my business picking up, as we are and engineering service and projects are being phased is at a crazy rate. Companies I'm partnered with are seeing huge demand for services. So, I'll be trying to read up on this between jobs and post findings.
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