What's good about...

Canopy Wave logo Canopy Wave

  • Iceland data centers running on hydro and geothermal power
  • 2-8 TB of local NVMe included per node
  • GPU rental and open-model inference on one account

Hetzner logo Hetzner

  • High performance VPS configurations at affordable prices (shared, high memory, dedicated CPU)
  • Easy to use web console & developer tooling (Terraform SDKs, official CLI)
  • EU-based company, may simplify GDPR compliance for some

Price comparison

How do Canopy Wave's prices compare against Hetzner?

VM Small

Closest config to 1 vCPU, 1 GB RAM.
Canopy Wave Canopy Wave
--
Hetzner Hetzner
$6.93 / mo 2 vCPU, 4 GB RAM (CX23)

VM Medium

Closest config to 4 vCPU, 8 GB RAM.
Canopy Wave Canopy Wave
--
Hetzner Hetzner
$10.40 / mo 4 vCPU, 8 GB RAM (CX33)

VM Large

Closest config to 8 vCPU, 16 GB RAM (dedicated preferred).
Canopy Wave Canopy Wave
--
Hetzner Hetzner
$19.07 / mo 8 vCPU, 16 GB RAM (CX43)

Block Storage

Closest config to 100+ GB SSD, 3,000+ IOPS, 100+ MB/s throughput, no snapshots.
Canopy Wave Canopy Wave
$7.00 / mo 100 GB (Shared Storage)
Hetzner Hetzner
$5.09 / mo 100 GB

Object Storage

Closest config to 1 TB stored, 100 GB in / 250 GB out, 1M GET, 100k PUT/POST.
Canopy Wave Canopy Wave
$40.00 / mo 1 TB
Hetzner Hetzner
$7.51 / mo 1 TB

Load Balancer

Closest config to TCP, 1 node (1 vCPU, 1 GB RAM), 200+ Mbps, 1,000 conn/sec, 1 TB processed/mo.
Canopy Wave Canopy Wave
--
Hetzner Hetzner
$8.66 / mo LB11

Free egress allowance

Canopy Wave Canopy Wave
--
Hetzner Hetzner
1-60 TB / mo per instance

1 TB of egress beyond allowance

Canopy Wave Canopy Wave
--
Hetzner Hetzner
$1.16 €1 / TB

GPU Fleet Overview

Starting Price

Canopy Wave Canopy Wave
$3.25/hr
Hetzner Hetzner
$0.43/hr

Billing Options

Canopy Wave Canopy Wave
On-DemandCustom
Hetzner Hetzner
On-Demand

Available Models

Canopy Wave offers 5 GPU models, while Hetzner offers 2.

Heads up: We do our best to keep these specs & prices accurate. However, cloud costs may fluctuate based on region, usage, and other factors not listed here. These are estimates based on common setups and are for informational purposes only. Always verify current rates & exact specs with the provider before provisioning.

Which services do they offer

Here are some managed services that Canopy Wave and Hetzner offer:

Company details

Website
Canopy Wave Canopy Wave
canopywave.com
Hetzner Hetzner
hetzner.com
Headquarters
Canopy Wave Canopy Wave
United States of America
Hetzner Hetzner
Germany
Founded
Canopy Wave Canopy Wave
2024
Hetzner Hetzner
1997
Data Center Locations
Canopy Wave Canopy Wave
2
Hetzner Hetzner
6
Example Customers
Canopy Wave Canopy Wave
UC San Diego, Pax Historia, Foundry BioSciences
Hetzner Hetzner
Outdooractive, Bitdefender, Userlike, Whereby, Autodoc

Alternatives to consider

Compare Canopy Wave and Hetzner against other cloud providers.

View all comparisons

Our data for Canopy Wave was last updated on Aug. 14, 2026, and for Hetzner on July 27, 2026.