HIVE Digital Technologies Ltd V.HIVE

HIVE $

[bullFire]

for clarity the intro of EIP 559 in July does mean a dedicated ethereum miner like Hive...will have to adjust....currently because of high demands for ether tokens, dedicated miners like Hive have seen a big boost in fees. the new EIP 1559 protocol for Ethereum transactions is made to be more more efficient by using a hybrid system of base fees and tips to more evenly incentivize miners  in periods of high or low network congestion. In the new protocal, a base fee is defined as an algorithmically determined price that you will pay for transactions on Ethereum...now will this reduce Hive gas income? possibly depending daily flow, transactions, congestion etc...but this will not be an 80 to 90% reduction in income but in some circumstaneces it could be 10-30% lower from current fees on any given day...or depending on usage demand virtually no reduction at all on a given day...But and this key...with ethereum 2.0 coming the goal is to move to proof of stake, where a node can stake 32 ether tokens and then earn a return...but 2.0 is not here yet but HIVE is already prepared...with DEFI/NFT exploding in use Hive with its HODL of 20500 tokens now and growing evey qrt, is now staking DEFI/NFT activity every day! so that a Hive HODL is now earning an income on top of gas fees...and the bigger the HODL the more DEFI income,this DEFI income will quickly dwarf gas fees whatever they are with new 1559 protocol as HODL grows and grows and deployed to DEFI...So even before eth 2.0 and staking Hive is locked and loaded to super charge its inome and cash flow right now...regradless of new gas fee structure.... and eth 2.0 will just allow Hive to deploy its ever growing HODL to increase revenues and profit further with its ever growing HODL....its no secret in the DEFI sector that HIVE has a tiger by the tail...i will post this a few times so new investors can see this and clear up any confusion as to why gas fees and changes with 1559 are not a problem because of DEFI and eth 2.0 staking income and HIVE ever growing HODL

[bullFire]

not my words, user financetechy   

[bullFire]

[bullFire]

[Bac0n]

I can say this analysis is mostly accurate with two caveats that are speculation:  1. mining revenue losses being 10 - 30% is very optimistic. But even if it is only 10% .. that's tens of millions in losses a year. 2. defi deal making up the difference in revenue losses is purely speculation, as no figures have been released on this yet. other than that. Yes this post is accurate

[Soundstogoodto1]

Nice try Bacon 1.  It's not tens of millions of losses.  It is lost revenue, debatable how many millions.. 2.  He didn't mention the Defi deal.  He talked about revenue from DEFI/NFT far outweighing lost fees. bullFire wrote:for clarity the intro of EIP 559 in July does mean a dedicated ethereum miner like Hive...will have to adjust....currently because of high

[Bac0n]

actually it's not debatable... 225,000,000 roughly in revenue in 2020.  10% loss would be 22.5 million..  would you like a calculator?  please be smarter before you post  *puffs cigar* -Bac0n

[Soundstogoodto1]

Nice try Bacon.  It's not a loss.  It is a decrease in one revenue stream.  They still make money.

[bullFire]

working overtime tonight bacon, that post made you mad nervous lol  not my words, user financetechy     bullFire wrote:for clarity the intro of EIP 559 in July does mean a dedicated ethereum miner like Hive...will have to adjust....currently because of high demands for ether tokens, dedicated miners like Hive have seen a big boost in fees. 

[Bac0n]

You provide no due diligence at all. And no value at all.  congrats you are now the only name on my ignore list  -Bac0n

[bullFire]

perfect now I can see you and you cant see me. Ill be reposting for new investors !!!

[Bac0n]

Are you learning disabled? Yes it's a decrease in revenue. Also known as a "loss" in revenue. Lol Jesus Christ   

[Soundstogoodto1]

Nice try Bacon. financetechy wrote:Hey people, new poster, i have been asked to clear up some confusion re fees and the importance of unerstanding what HODL is for as related to Hive....i am in the Defi industry, but to be clear i am not an employee of Hive or Defi Technologies...So...for clarity the intro of EIP 559 in July does mean a dedicated ethereum miner like Hive...will have to adjust

[bullFire]

clear things up .. financetechy wrote: Hey people, new poster, i have been asked to clear up some confusion re fees and the importance of unerstanding what HODL is for as related to Hive....i am in the Defi industry, but to be clear i am not an employee of Hive or Defi Technologies...So...for clarity the intro of EIP 559 in July does mean a dedicated ethereum miner like Hive...will have to

[mbuch]

Longest run on sentence/paragraph, or whatever,  I've ever attempted to read. Got the way through it and decided it wasn't worth the effort. Next time post with some structure and maybe more will read what you're trying to sell. Just saying...