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SSD isn't important for transcoding--HDD is fine. The i7-4790K will be around 10% faster than the Hetzner i7-3770 at best, it has less than 1/20th of the disk space even if you're lucky and get the 240gb SSD, and it costs almost twice as much. Hetzner auctions (or in some cases worldstream.nl with annual payment) really do seem to be about the best cpu deals you can get.
Very productive comment. Could've read my whole comment
Uh oh, looks like you're right, although I can't find any info on their website listing their exact specs. Not sure why I thought it was a D-1531
Are you talking about their cloud VPS or their baremetal servers?
The "workload intensive" vps are D-1531, but the "cores" are actually threads, and they're at least partly shared except for the largest instance size.
Hetzner EX41. New server's coming with i7-7700. Integrated graphics HD 630.
I've Transcoded 12 4k streams simultaneously to 720p with integrated graphics hardware acceleration. It does it like nothing.