Earlier quoted context omitted.
We're not even talking cutting edge. If you browse hetzner's auction page you can see they're renting machines with almost decade old CPUs like the Xeon W-2145 or i7 6700. That's just a lot of old hardware..
So? If it's cheaper and gets the job done who cares?
They're great for hobbyists but people on here keep bringing them up as the flagbearer of euro hosting