Sweden, March 8, 2021 /AlexaBlockchain/ – Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87), a leading provider of high-performance computing (HPC) solutions, has completed acquisition of a data center site in Northern Sweden near the city of Boden. The company immediately started to roll out and install the first GPU-based high-performance computing (HPC) hardware and expected to bring the first capacity online within the next weeks.
- Northern Data site in Boden currently consists of six data center facilities on an area of 2.5 hectares.
- Located around 80 kilometers south of the Arctic Circle with an average annual temperature of 1.3 degrees Celsius, the site is ideal for passive energy-saving cooling of HPC hardware and achieves peak energy efficiency values.
- The sites are operated climate-neutrally using renewable energies and are characterized by scalability, efficiency and cost advantages.
- Electricity for Northern Data’s new site comes from 100 percent renewable energy and is generated by hydropower plants in the region.
Commenting on the development, Northern Data CEO Aroosh Thillainathan, said:
“Our expansion is proceeding rapidly and on schedule. …… the site marks an important milestone in our roadmap, since it will enable us to meet the massive demand for HPC computing power very effectively. As a European company, we are not subject to the U.S. Cloud Act, which, in contrast, secures U.S. authorities access to the stored data of large American hyperscalers. The data sovereignty we can offer in comparison is another selling proposition that makes us particularly attractive to certain customers and drives demand.”
Bitcoin mining is the most important high-performance computing (HPC) application to date. The need for bitcoin mining infrastructure, including HPC solutions, is growing rapidly, especially due to the fast-developing acceptance of bitcoin as a new asset class.
