Hetzner cloud hosting bans mining-related applications
Herewith, at the moment, the service accounts for about 16% of Ethereum nodes and 42% of Solana nodes
27.08.2022 - 10:40
847
1 min
0
What’s new? Representatives of Hetzner, a German cloud hosting service, said in a post on Reddit that the user agreement bars any applications related to cryptocurrency mining, including staking. It is also prohibited to run nodes, store blockchain data, and trade digital assets, according to the company’s announcement. Notably, Hetzner currently accounts for 16% of Ethereum nodes and 42% of Solana nodes.
More details about the situation. According to the company’s representatives, they are aware that Hetzner has a lot of Ethereum users, so they “have been internally discussing how we can best address this issue.”
“If you, or any other potential customers are unsure about whether your use case will violate our ToS, please reach out to us,” the post says.
Reddit users are concerned that if the service does ban staking-related transactions, the decentralized network will be greatly affected. According to ethernodes.org, more than 60% of Ethereum nodes are hosted by cloud service providers. The majority (54%) is hosted by Amazon.
In May, Google Cloud Vice President Amit Zavery reported that the service would form a Web 3.0 development team as customers asked for more support for the decentralized economy and cryptocurrency-related technologies.
Useful material?
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Market
The company predicts that the rate of the first cryptocurrency will grow to $200 000 by the end of next year
Nov 11, 2024