Most of the SMEs in France are customers.
They are cheap because they do most things in-house, with a lot a recycling, because their DCs are mostly located in low-cost places (real estate, rents, salaries...) and because they go for low margins.
They may not be a honeypot but those requirements seem like a honeypot.
Support is super cold and dismissive too.
Didn’t try ovh but can’t imagine it is much worse than hetzner.
OVH has a similar setup but is way more diversified into other product lines. I'd personally never touch them after the fire that they never bothered to explain to those of us affected by it. With the amount of downtime they had there it made it very clear that their ability to recover a situation - any situation is crap.
Custom Hardware, down to the DC design, rack, water cooling and economy of scale. There are reasons why some Datacenter are more expensive than others. And the fire at previous OVH DC shows why. Although I remember OVH did explain they dont use that design anywhere else. Doing Custom hardware part like water cooling with Racks isn't the rocket science part, doing it great while doing it at cost efficiency is the most difficult part.
Network quality. OVH owns its own Network. Layering Cables across its own DC along with other exchanges. It used to be slower but this has become less of an issue in 2025. But in the old days the difference between premium network connected and other commodity partners from DC makes a lot of difference. ( It still does but less of an concern )
Minimal Support - Although that is not a concern anymore in 2025 because everyone got used to Cloud computing that has zero support most of the time.
Expectation of Low Margin. I think both Hetzer and OVH have accepted the fact they are in computing commodity business with low margin and aim for volume. While most US business will always try to improve their margin and venture into SaaS or other managed services. Which means both Hetzer and OVH are also the expert in squeezing penny out of everything. As someone who used to work in commodity business I have a lot of respect for these people as they are harder than most people think.
Again, these are things on top of my head when I was keeping an eye on VPS. I just checked LowEndBox ( https://lowendbox.com ) is still alive and well after almost 20 years! Before cloud computing was a thing or went mainstream there were plenty of low cost low end VPS options like OVH and Hetzner. So this isn't exactly new, they just happened to have grown into current size.
Even ECC - for 99% of applications (and especially on low-end VPS servers) its less likely to be a problem.
The only thing I have found to be an issue with Hetzner is on dedicated servers, and specifically the hard drives. I've had new servers provisioned and they've given me decade old drives that are on the verge of failure - it's less of an issue now as most of their servers are shipping with new nvme drives but I dare say in 3-4 years time it'll be a problem when they reuse those and have instant non-recoverable failures for some of the hardware range.
Although in 2025 AMD decided instead of people using Ryzen for server they launched EPYC Grado instead. Which is similar if not slightly cheaper than Ryzen at 32 vCPU and offer official ECC Memory support.
It’s great for throwaway machines, e.g. CI. But don’t rely on them
These days I'd take their ampere VPS servers over the dedicated ones though, the performance and reliability is way better (mostly just due to it being brand new hardware).
And in my experience EC2 is not that reliable. I have Hetzner dedicated servers with more uptime than EC2 nodes.
If you're just looking for the name, AMD sells EPYC branded AM4/AM5 cpus that have remarkably similar specs to the Ryzen AM4/AM5 chips.
Depending on what you're doing, consumer hardware is often more than enough. And it's managed hosting... if the (whatever) dies, you just yell at the host and get new hardware, no big deal if you're doing reasonable backups.
is it a honeypot? also did ovh change prices recently? I remember checking a couple years ago and it was more expensive vs hetzner