Latency has nothing to do with compute.
Discussion
It does in this case. If you care about validating and broadcasting your own blocks as fast as possible you don't want to run the node in a cheapo VPS that is timesharing the physical CPU with a thousand other virtual machines.
But besides this irrelevant non sequitur my point still stands: nothing stops any serious miner from having his own "pool-grade" low latency & well connected node. It's orders of magnitude easier and cheaper than running a big mining farm.