The ToS says you cannot mine without their prior written approval.

My question is, why not? If mining is:

  • not on their free tier
  • being paid at a premium by you

Why would they care? They’re still making money aren’t they?

Mining XMR with my own computers at home is basically trading my electricity company fiat for XMR. Mining on AWS is trading fiat to AWS for XMR in that same manner.

Yes, you’d be mining at a loss, but if I expect XMR to go to $100,000 someday, it is worth it to me, isn’t it?