I’d guess it has nothing to do with that and way less dramatic.
They are a company that benefits and profits from having a large network. It makes sense to try and be part of alternate networks.
A lot of people, including myself, see their growth as also having made small businesses/sites/apps more competitive on an increasingly centralized web from way more evil players in the game.
The Crypto noise aside, I also think a decentralized Internet is exciting. At the very least, I’m glad they are throwing money at and will see where this goes research helps things go.
They need new faces and the most obvious source of them en masse is people who aren't welcome on other cloud platforms. That means cryptocurrency people, who have been effectively outcast from the rest of the internet's premium tier hosting providers, because when they were allowed on the rest of the internet's premium tier hosting providers they tried to steal shit while they were in there.
unfortunately not, as this was on the front page for a while
Cryptocurrency mining using integrated photonics (tue.nl) - https://news.ycombinator.com/item?id=28715881