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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 hemi3tcon Dec 18, 2021 12:34am
190 Views
Post# 34242908

RE:HIVE q2 quarterly highlights

RE:HIVE q2 quarterly highlightsWith 390 M Shares outstanding Thats about 30 cents a share. 100x cryto value
bufordpusser wrote: Generated revenue from digital currency mining of $52.6 million, with a gross mining margin of $45.0 million

Mined 656 Bitcoin and over 8,688 Ethereum during the three-month period ended September 30, 2021

Earned net income of $58.9 million for the period

The Company’s holdings of digital currencies consist of the following:

Ethereum         $74,750,574

Ethereum Classic     $25,111

Bitcoin         $48,360,607

Total         $123,136,292



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