A high performance computing infrastructure provider this month announced the results of a survey that explored IT professionals’ views on how emerging technologies will affect data centres in the future.
The Toronto-based Hut 8, which cut its teeth mining crypto, notes a gap between the importance of HPC technology on a business and the level of HPC implementation within said organization: 90% of those surveyed classified the tech as “important” while just 42% are actually deploying HPC technology.
HPC uses sophisticated computers that work together to process enormous amounts of data and calculations much faster than on traditional CPU-based platforms, which can improve high-volume data processing for areas such as in the finance sector.
“The benefits that HPC technology can create are substantial,” asserts James Beer, who serves as vice president of operations at Hut 8. “HPC technologies based on GPU platforms such as machine learning, VFX, and AI have the potential to power the digital economy, driving innovation in financial services, healthcare, media, and many more industry sectors.”
A lack of technical expertise on staff is the main reason for not capitalizing on the technology, according to the survey, with cost coming in as a close second.
HPC expertise is not lacking at Hut 8, which has been using the potent technology for several years now to build a war chest of Bitcoin and other digital assets.
Founded in 2018, Hut 8’s infrastructure portfolio today includes five SOC 2, type 2 certified Tier 3 to Tier 1 data centres located across British Columbia and Ontario with more than 36,000 square feet of data centre space.
“We’ve got an edge the competition can’t match, and the Bitcoin balance to back it up,” the company states online. “With years of experience mining digital assets at multiple locations with some of the most efficient mining servers, Hut 8 is 100 percent self-mined and has one of the oldest operations in the mining game.”
Through a novel recycling program, the Canadian fintech is pushing for carbon-neutral operations within the next few years.