Ethereum appears at risk of getting kicked off the cloud-networking provider that powers roughly 10% of the second-biggest blockchain.
Hetzner, a German-based cloud services firm, said in a Reddit post this week that its terms of service specifically bar crypto mining and also staking, the approach Ethereum is moving to soon to run the blockchain.
“Using our products for any application related to mining, even remotely related, is not permitted,” Hetzner wrote. “This includes Ethereum. It includes proof-of-stake and proof-of-work and related applications. It includes trading.”
If Ethereum is forced off Hetzner, it would further whittle down where it resides, raising the question of just how decentralized the purportedly decentralized blockchain really is. According to ethernodes.org, over 60% of Ethereum nodes – the computers that process transactions on the network – are hosted by cloud service providers. Of these cloud-hosted Ethereum nodes, Hetzner powers roughly 16%, second only...
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