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Bullboard - Stock Discussion Forum 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... see more

TSXV:HIVE - Post Discussion

HIVE Digital Technologies Ltd > Hives time will come
View:
Post by farmboy123 on May 10, 2021 3:48pm

Hives time will come

This company has strong business fundamentals and is profiting about $1,000,000 every day. It's going onto Nasdaq in a month or two and will people will realize it's real value. I'm long and have been since 2017. Painful at times, fun at times but it's a first mover in a relatively new space. Things are lining up so a few bumps in the road are expected. Happy Monday
Comment by farmboy123 on May 10, 2021 4:20pm
Another thing- Some of the wealthiest people in the world despise cryptocurrency. Don't underestimate their power in aytempting to derail the process of adoption, usage, etc. Regardless, cryptocurrency is here to stay. Hang on for the ride
Comment by RetireAt45 on May 10, 2021 4:34pm
Slow down there farmboy123....I am just as supportive of HIVE as you are....and I believe the best is yet to come...however your post is WAAAAAAAY off on the daily numbers....and I don't believe you are doing it intentionally...but I also don't want anyone...in particular new investors to be fed with incorrect data... As of todays Global media event, Frank did discuss HIVE and he did ...more  
Comment by AlphaJ on May 10, 2021 4:39pm
And thats $450k/day in revenue. Not profits . Correct?
Comment by AlphaJ on May 10, 2021 4:44pm
bc bitf is around 600k a day in revenue. And they are bigger then hive so I can't imagine hive having more revenue unless etheruen hits like $8-9k (around there) short term anyway, until July. Then eth will have to hit somewhere around 13-16k to match bitf.
Comment by RetireAt45 on May 10, 2021 4:55pm
Yes...that is why I used the term "run rate" and not "profits"... but since you almost asked....Frank said a "daily run rate" of $450K with the "profits" being $400K daily... 45 Would you happen to have accurate data for the same 2 variables for BITF? That would be an interesting comparison between the 2....as share price comparison is the completely ...more  
Comment by bullFire on May 10, 2021 5:18pm
Give him time to do some reddit copy and paste action
Comment by RetireAt45 on May 10, 2021 6:46pm
LOL Bullfire...I mean Delta Dud responded to my first post about run rate in less than 5 minutes... yet he appears speechless when I ask for any apples to apples comparison with BITF... was that all I had to do to shut him up? just ask him a civilized rational intelligent question? I mean that never worked on him in the past... LOL 45
Comment by NICKMAN on May 10, 2021 5:58pm
Hey Retire 45, seems a little low. If we do 1.8 bitcoin a day then that should be approximately $100,000/day. We were doing 22,000 ethereum a quarter=245/dayx$4,000= $980,000/day What am I missing? Thanks,
Comment by RetireAt45 on May 10, 2021 6:43pm
Hello Nickman....I would gladly be incorrect....and I admit at first glance I see no error in your calculations. I was only going by what Frank said in the Global US Investors webinar he gave earlier today...unless I completely misunderstood what he said....maybe someone else on the board also watched it today and could correct me...maybe he meant on average in the first quarter this year and i ...more  
Comment by AlphaJ on May 10, 2021 7:20pm
22k is what they reported q4 2020. Since then, the difficulty has doubled. They may be mining around 10k etherum per quarter now......
Comment by farmboy123 on May 10, 2021 7:35pm
I did base the $1 millon on the same production numbers Nickman is using. Past ethereum production costs were around $140. If I'm incorrect looking at this let me know. Hive also collects fees which are a value plus. I guess we'll know current coin production at month end when the quarterly is out.
Comment by AlphaJ on May 10, 2021 7:18pm
run rate is not a finacial term numbnuts. Revenue is. Don't act like your smart when you can't explain yourself correctly. 10.5 btc per day x 58k was their last update. Dont act like a jack@$$ bc I asked you simple question. You sound like a women giving attitude.
Comment by bullFire on May 10, 2021 7:24pm
wow excellent analysis and explanation on BITFs financials.   
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