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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 > Cryptocurrencies Becoming More Mainstream Day By Day
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Comment by DotComRichon Oct 26, 2021 8:27pm
103 Views
Post# 34052860

RE:RE:RE:RE:RE:Cryptocurrencies Becoming More Mainstream Day By Day

RE:RE:RE:RE:RE:Cryptocurrencies Becoming More Mainstream Day By DaySo let me get this straight... they were never profitable and therefore had a negative balance sheet which required them to open a massive $500mil ATM to get through the year and pay for growth, but according to you this has nothing to do with why they have stalled out and been the worst performing miner since Aug?

Then what is the real reason?
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