Bullboard - Stock Discussion Forum 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... see more

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HIVE Digital Technologies Ltd > WATCH this on AI activity

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Post by antisense on Jun 26, 2024 10:36am

WATCH this on AI activity

It seems this crypto mining companies are no longer valued based on their bitcoin or crpto mining capabilities but rather their data centres. It looks like they are scoring AI computing deals. HUT8 just got a huge cash innjection from an AI company looking to use their computing. HIVE could be next. Forget bitcoin its all about the hardware and AI cloud computing business model.

I hope HIVE starts to leverage this more since they mentioned it recently with their name re-branding and recent GPU upgrades and move to host cloud computing.