From the article:

Aside from that, RAM, SSD, and HDD prices have been steadily rising due to the AI infrastructure build-out, resulting in higher hosting expenses for Myrient as well. We’ve actually seen this with German data center giant Hetzner, which is hiking prices up to 37% starting April 1. The archiving site said it needed “necessary upgrades to the storage and caching infrastructure,” which it cannot afford due to memory chip and storage shortages.

The creator also complained about abusive users who were monetizing Myrient content. Not only did they bypass the donation messages and the site’s built-in download protections, but they also added a paywall that defeated the site’s policy against paywalls.