News: Everybody hates Chia, Defi100 rugpull, China versus mining, China versus crypto

This blog lives on Hetzner Cloud. I was already a happy customer, and now I’m an even happier one — Hetzner’s told crypto miners and Chia farmers to just bugger off. [Twitter; Twitter] Rough translation:

Yes, it’s true, we have extended the terms and conditions and banned crypto mining. We have received many orders for our servers with large hard drives. However, large storage servers are increasingly being rented for this [mining]. This leads to problems with bandwidth on the storage systems. With Chia mining, there is also the problem that the hard drives are extremely stressed by the many read and write cycles, and will break.

The aggrieved replies from never-customers are the usual coinerism. Particular points to the guy who thought that renting something meant he had the absolute right to thrash it to death.

Meanwhile, I’m told that bids for bulk storage on Hetzner are already over three times what they were just a few months ago. [Twitter]

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