HIVE Digital Technologies Ltd V.HIVE

Alternate Symbol(s): HIVE

HIVE Digital Technologies Ltd is a Canada-based data center company. The Company owns green energy-powered data center facilities in Canada, Sweden, and Iceland. The Company also builds and operates data centers in North America and Europe. Its hardware powers cutting-edge projects ranging from Web3 to AI and high-performance computing (HPC). It operates a fleet of approximately 38,000 commercial-grade NVIDIA graphic processing units (GPUs). The Company's 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. It operates over 100 MW of data centers in Canada. The HIVE Cloud is an enterprise-class service offering affordable computers for demanding applications, including AI training and inference. It also operates 46 MW in Iceland and Sweden. It also operates a 30 MW data center in Lachute, Quebec and a 70 MW data center in New Brunswick.

TSXV:HIVE - Post by User

HIVE Digital Technologies Ltd > HIVE Digital Provides January 2024 Production Update Increas

<< Previous

Bullboard Posts

Next >>

Comment by MrDales62on Feb 10, 2024 6:17pm

169 Views

Post# 35874063

RE:HIVE Digital Provides January 2024 Production Update Increas

So, for the last NR, Frank said this,

"With the Halving event in April 2024, the global daily Bitcoin block reward will reduce from 900 Bitcoin per day to 450 Bitcoin per day. This underscores the scarcity of Bitcoin, and thus we believe increasing our HODL will put HIVE in a strong position."

So, in theory, the quarterly unit production would drop 50%, but the price per Bitcoin should be 50% higher? If true, then the HODL position will become very valuable? I guess the price should rise to +$60,000 in the not too distance future.

GLTA

<< Previous

Bullboard Posts

Next >>

How to trade on the stock market: A beginner’s guide