Global blockchain solutions company Diginex has announced the latest partnership with Swiss-based decentralized cloud computing company Symbioses SA to deploy a decentralized supercomputing network. The two main companies have signed a Memorandum of Understanding , wherein Symbioses is going to be using Diginex’s infrastructure to perform optimized cryptocurrency mining and “verify the technical reason for deployment of high-performance computing applications.”

A press release published on September 3 by Diginex reads:

“Diginex will furnish up to 2,500 nodes at its data center in?Europe?to carry out optimized cryptocurrency mining at the Symbioses network taking full good thing about modern GPUs using unique optimization techniques. The automatic screening of market conditions allows for the mining of the most extremely profitable cryptocurrency using available market information and knowledge at that given moment with minimal switching time required.”

Diginex believes that Symbioses’ capability to deploy technical high performance computing jobs increases the potential to improve current mining profit exponentially.

“Diginex and Symbioses are fine together to evaluate and verify the technical cause of deployment of scientific simulations, tensor-flow deployment and rendering.”

The companies project which the high performance computing market can get a $44 billion industry by 2022. Provisions for HPC within the cloud is anticipated to be one of the many fastest growing sub-sectors, with a nearly 20 % annual compounded rate of growth. By participating, the two companies mean to optimize between cryptocurrency mining and HPC in an effort to capitalize on the growing market demand.

“We know in fostering the roll-out of platforms that address the incoming wave of supercomputing demand,” said Diginex CEO Richard Byworth. “Our company is excited to partner with all the Symbioses team, with spent one more four years developing a computerized and client-centric application aimed toward lowering the entry point barriers of your technology.”

Symbioses CEO and Founder Lucas Figueroa added which they was equally excited for that new partnership. He describes Diginex as “an organization that has both of the technical know-how as well as values the best levels of client service. This comes with the opportune time, being the demand for reliable and user-friendly solutions is to increase exponentially, and Symbioses in a position deliver.”