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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

Comment by antisenseon Jul 05, 2024 4:28pm
93 Views
Post# 36120473

RE:any ideas

RE:any ideasI had mentioned this already in a previous post.  These miners will no longer be mining bitcoin but ratehr sell theeir GPU capacity to AI cloud computing.  Look at HUT8 which got $150 Million to do this.  HIVE is next.  Bitcoin isn't profitable anymore but AI computing certainly is!!  Watch this shoot up further and GLTA  beep boop bleep


wideopenthrottl wrote: any ideas why hive us rocking upwards while bitcoin has dropped so much..


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