Or people using company workstations to siphon dollars out of electric bills. This is why bitcoin mining quickly became uneconomical unless you can get energy free or on the super cheap.
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The disk space seems especially weird. Others have mentioned this but even services like Google Drive or Dropbox can give you storage at ~$8/TB so who's on the other end of this transaction, willing to pay premium prices for low end storage?
Might make sense if you want 100 or 1000 GPUs and don't want to run them 24/7. Usually all cloud computing prices tend to be pretty high if you compare them to just renting or purchasing hardware.