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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 irishwolfhound1on Nov 15, 2021 10:59pm
199 Views
Post# 34130108

Companies are getting corrected for huge p/es

Companies are getting corrected for huge p/esover the next few days companies with their evalutions insanely high will get slaughtered.Ethereum and Bitf are just going thruogh a normak routine to move higher.Institiutions and big investors have giben these block chains a lot of time to start to show profite most are not responding now it correction time on evaluation.Hive has the lowest P?E by so far at 2.Some are 80 some are 50 i would be nervous in those shares.
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