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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 Jul 27, 2021 12:15pm
46 Views
Post# 33610377

RE:RE:RE:Today

RE:RE:RE:Today
KLockett wrote: Yes we have lagged, pretty sure it jumps with earnings. Either way I like where we are headed. Not just in bitcoin. Hey atleast we aren't in bitfarms right bacon.... sorry you kind of deserve that after your posts yesterday. And why do you only comment on hive and not bitfarms??? 


We probably won't hear from Bac0n today (now that I've typed that he'll chime in, which means the bait worked) since BitFarms is down a heck of a lot more than HIVE (-11'ish% vs -6'ish% as of writing this); a good chunk of his bashing relies on obscuring details or neglecting critical information which is hard when the pull back is so drastic and one is pulling back harder than the other.

Today feels like profit taking and market reaction to the correction in the BTC price. We'll be trending towards green soon enough and stabilize towards gains if BTC holds where it's at.

Shame that HIVE seems to move solely with BTC's jumps and dips, as opposed to ETH, but thems the broader market sentiments.
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