Hetzner is a bargain dedicated host that keeps things as close to max capacity as it can. Hetzner has a relatively static customer base compared to a cloud prov

Hetzner is a bargain dedicated host that keeps things as close to max capacity as it can. Hetzner has a relatively static customer base compared to a cloud provider that might have customers only spin up VMs during peak hours. If you are only running on less than 50% utilization during peaks on an average day, you can't charge just 2 Euros for a TB as a cloud provider. The usage of VMs, bandwidth, etc. is very variable when people use you to "autoscale". I wouldn't be surprised if $20/TB was barely sufficient to cover a 100% markup [e.g. Cost of capacity is $10/TB, selling at $20/TB] because of the fact they'd need alot more capacity than Hetzner would.