Hetzner cloud server provider bans cryptocurrency mining

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Popular German cloud hosting and dedicated server provider Hetzner has banned cryptomining on its servers after users have been using their large storage devices to mine Chia.

For those not familiar with Chia, instead of mining the cryptocurrency with specialized equipment or graphics cards, it uses a new mining system called Proof of Space and Proof of Time.

"Users of the Chia blockchain will 'seed' unused space on their hard-disk drive by installing software which stores a collection of cryptographic numbers on the disk into 'plots.' These users are called "farmers," the Chia FAQ explains.