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Bullboard - Stock Discussion Forum
HIVE Digital Technologies Ltd
V.HIVE
Alternate Symbol(s):
HIVE
Financial Services
Blockchain
Cryptocurrency
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.
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TSXV:HIVE - Post Discussion
HIVE Digital Technologies Ltd
> Hive you heard the news?
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•••
Singoa58
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Post by
Singoa58
on Oct 27, 2021 1:24pm
Hive you heard the news?
Investors prefer they buy more rigs for mining than than this latest venture lol
(5)
•••
JackCross
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Comment by
JackCross
on Oct 27, 2021 2:04pm
At the current rate of profit and recent mining expansion, it's not a bad idea to diversify some of the income streams (that's why I'm a fan of retiring old rigs to data centers). It looks low enough risk (not acquiring debt to do this) that even if the holdings trade sideways they won't have a long term negative impact on the balance sheet. I don't think it'll be
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