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https://www.hetzner.com/legal/dedicated-server https://www.hetzner.com/legal/dedicated-server DEDICATED SERVER SERVICE AGREEMENT We strive to keep our netw

by pella 5y ago

https://www.hetzner.com/legal/dedicated-server https://www.hetzner.com/legal/dedicated-server DEDICATED SERVER SERVICE AGREEMENT We strive to keep our networks operating at the highest possible level, so all of our clients benefit from it. Therefore the following actions are prohibited: - Operating applications that are used to mine crypto currencies - The scanning of foreign networks or foreign IP addresses - Manually changing the hardware address (MAC) - The use of fake source IPs.

delhanty 5y ago
I read that thanks - it covers mining applications and I believe that change in May was triggered by Chia. In fact it was covered on HN https://news.ycombinator.com/item?id=27212239 https://news.ycombinator.com/item?id=27212239
- pella 5y ago
  and the price of electricity is also important: "According to levels at national energy exchanges and European platform EEX, wholesale prices of electricity jumped to new highs. For Tuesday, the price is at over EUR 400 per MWh for France, Germany, Netherlands, Belgium, Switzerland, Austria, Slovenia, Croatia, Hungary, Italy and Slovakia." https://balkangreenenergynews.com/power-prices-reach-stunning-eur-400-per-mwh-in-europe/ https://balkangreenenergynews.com/power-prices-reach-stunnin... -------- Allowing crypto application is a message: allowing using electricity for supporting crypto - instead of society. - "Blackouts Could Darken Europe This Winter" https://www.bloomberg.com/news/newsletters/2021-12-17/blackouts-could-darken-europe-this-winter https://www.bloomberg.com/news/newsletters/2021-12-17/blacko... - "Europe’s Energy Crisis Is About to Get Worse as Winter Arrives" https://time.com/6124191/winter-europe-energy/ https://time.com/6124191/winter-europe-energy/
mschuster91 5y ago
Makes sense, given that some coins are absolutely destroying hardware to a point that the usual profitability calculations get wrecked as real MTBF of stuff like SSDs is way lower than expected MTBF. Additionally, anything involving cryptocurrency is the equivalent of running on a battlefield, carrying a t-shirt with a crosshair print on it - hackers will target you and your provider to get at the coins, and on top of that providers already have to fight a torrent of people using leaked credentials or stolen credit cards to mine cryptocurrencies. We are at a point where there are so many negative things associated with cryptocurrencies that it might be the best option to globally ban that shit forever: - hardware being unavailable for retail buyers because crypto scalpers buy up everything... GPUs, CPUs, RAM, HDDs, SSDs - name a resource and there will be some coin that can be efficiently mined using it. Supply chain issues are bad enough already, the last thing we need is get-rich-quick idiots and scammers to accelerate price hikes. - second-hand markets being destroyed by a glut of former mining hardware, the equivalents of a car with 500.000km on the clock - environmental impact from all that waste - environmental impact from the electricity used to run all the coin networks. There are first-world developed countries that use less power than Bitcoin, people are even running formerly decommissioned coal plants to power coin mine operations - the impact on society that comes with the huge financial motivation for criminals to take over clients, servers or cloud computing accounts just to mine coins or to steal wallets The only good things that came out of cryptocurrencies was a kick in the butts of Western Union and friends and democratizing drug use to a point where there now are solid majorities for legalization.
- panarky 5y ago
  > globally ban that shit forever If you have the power to globally ban shit forever, would you please start at the top of the list with nuclear weapons, food scarcity, fossil fuels and Facebook?

by pella 5y ago

delhanty 5y ago

I read that thanks - it covers mining applications and I believe that change in May was triggered by Chia. In fact it was covered on HN https://news.ycombinator.com/item?id=27212239 https://news.ycombinator.com/item?id=27212239

pella 5y ago
and the price of electricity is also important: "According to levels at national energy exchanges and European platform EEX, wholesale prices of electricity jumped to new highs. For Tuesday, the price is at over EUR 400 per MWh for France, Germany, Netherlands, Belgium, Switzerland, Austria, Slovenia, Croatia, Hungary, Italy and Slovakia." https://balkangreenenergynews.com/power-prices-reach-stunning-eur-400-per-mwh-in-europe/ https://balkangreenenergynews.com/power-prices-reach-stunnin... -------- Allowing crypto application is a message: allowing using electricity for supporting crypto - instead of society. - "Blackouts Could Darken Europe This Winter" https://www.bloomberg.com/news/newsletters/2021-12-17/blackouts-could-darken-europe-this-winter https://www.bloomberg.com/news/newsletters/2021-12-17/blacko... - "Europe’s Energy Crisis Is About to Get Worse as Winter Arrives" https://time.com/6124191/winter-europe-energy/ https://time.com/6124191/winter-europe-energy/

mschuster91 5y ago

Makes sense, given that some coins are absolutely destroying hardware to a point that the usual profitability calculations get wrecked as real MTBF of stuff like SSDs is way lower than expected MTBF. Additionally, anything involving cryptocurrency is the equivalent of running on a battlefield, carrying a t-shirt with a crosshair print on it - hackers will target you and your provider to get at the coins, and on top of that providers already have to fight a torrent of people using leaked credentials or stolen credit cards to mine cryptocurrencies. We are at a point where there are so many negative things associated with cryptocurrencies that it might be the best option to globally ban that shit forever: - hardware being unavailable for retail buyers because crypto scalpers buy up everything... GPUs, CPUs, RAM, HDDs, SSDs - name a resource and there will be some coin that can be efficiently mined using it. Supply chain issues are bad enough already, the last thing we need is get-rich-quick idiots and scammers to accelerate price hikes. - second-hand markets being destroyed by a glut of former mining hardware, the equivalents of a car with 500.000km on the clock - environmental impact from all that waste - environmental impact from the electricity used to run all the coin networks. There are first-world developed countries that use less power than Bitcoin, people are even running formerly decommissioned coal plants to power coin mine operations - the impact on society that comes with the huge financial motivation for criminals to take over clients, servers or cloud computing accounts just to mine coins or to steal wallets The only good things that came out of cryptocurrencies was a kick in the butts of Western Union and friends and democratizing drug use to a point where there now are solid majorities for legalization.

panarky 5y ago
> globally ban that shit forever If you have the power to globally ban shit forever, would you please start at the top of the list with nuclear weapons, food scarcity, fossil fuels and Facebook?