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Comments
I could sell you mine π ready to play Russian roulette?
Can anyone say that they DID NOT SEE it coming?
When it is too good to be true, it may truly be.
I prefer to stay away from such deals which doesn't make any sense in paper.
hope not the next Romanian perfume seller.
I, too, bought a 30gb plan, prepaid 3 years ($90 total) to get the bump in ssd and reduced yearly cost.
If it deadpools, hopefully it does so within the 3 or 6 month window for a credit card chargeback.
Coincidentally, I "got" 60ml EDP from mystery box for purchasing $23.3/β¬19 3 items bundle (including a body butter) from the body shop.
It makes scalping mystery box and perfume a lucrative business opportunity (since it was sold for more than β¬20 a piece)
$2.5 a month for 30gb ram? damn.
Luckily, I skipped all their deals after seeing the 'well-designed' logo. I have zero confidence in a company with such an aesthetic.
If only they'd used comic sans instead
Nope, I have regular 30gb plan for $24/y
Deluxhost, host_c, HostDZire, alexhost, comet, dedirock as and greencloud, provide some deals too good to be true all of them is deadpool?
Show me a non flash deal that is remotely equal to that of velox from any of those providers.
I'm moving all my services from VeloxMedia to Virmach now just in case...
Yes
Respect οΌThis is just the beginning of another adventure.
VeloxMedia was unsustainable business and so their poor performing servers. It short-lived than usual summer-host. RIP.
$3.5/y deal when?
Now you're just being disingenuous. There's a difference between "too good to be true", "oversold chassis knowing that the Black Friday buying frenzy inevitably means most people won't actually use what they paid for" and "low margin deals".
In the latter case, Xeon E3/E5 hardware is long past its depreciable value and is practically 'free' for hosts to deploy, meaning only colocation costs matter. Using a high-density multi-node chassis you might get 8 nodes in 3U of rack space. At a conservative commercial colo cost of $60/RU, that means it only "costs" ~$23 to host each node ((60x3)/8). So offering dedicated servers at $25 instead of the ridiculous $50/month for an E3v5 makes economic sense - especially if you consider that the datacenter operator pays less for colo than Joe Retail Consumer. This is a low-margin deal not one that is too good to be true.
In the second case, GreenCloud's FUP is pleasantly transparent but very restrictive - last time I looked at it, it only really allows you to use max 50% of each of the resources you are allegedly buying. That means half the RAM, half the CPU cores, half the disk and possibly half the bandwidth. If you factor this in, their prices are "about industry standard" instead of "too good to be true". I expect this is pretty-much the same across the other providers you mentioned, with the added qualifier that most people will idle rather than use their resources.
On the other hand, offering 24GB, 30GB etc of RAM to all and sundry for a pittance is only something Oracle can afford to do - probably because Larry Ellison personally subsidizes your Free-Tier 4c24g ARM instance. Hi Larry!
A 64gig stick of consumer DDR4 RAM costs $180 on Amazon last I checked. If you wanted to break even within 12 months (and assuming CPU/other hardware isn't included), you'd want to be collecting $15/month for use of that single stick. However, if you're offering 24gb, say you're running 1.5x overcommit, that means you can fit 96gb/4 customers on that stick of RAM. At $3/month or whatever Velox was offering, that'll mean you're not breaking even on memory alone for at least 5 years - not to mention the other server/infra costs, especially for a new provider. Especially if you're In the former EUSSR and paying 20% VAT. So yes, there is a major difference between "too good to be true", "horribly oversold", "restrictive FUP" and "low margin deal".
To add what @nikio just wrote, long standing providers with a ton of old hardware don't have much in the way of setup costs to sell that capacity to others, just ongoing like power and IP rental.
A brand new provider who turns up and rents dedis at full price, hoping to slice it up and sell VPS to make a profit is going to be squeezed far more. Unless of course they take a year's payment up front and only pay their bills for 3 months.
Oh my sweet summer child.
Francisco
Also, the other thing (that I explicitly warned) @itsTomHarper about is running this kind of business as a sole trader - if it goes under, then you are personally liable for the debts, whereas with a limited company, you are shielded from that and liability is limited to the paid up share capital and the value of company assets.
As I said in the earlier discussion: "Ask yourself - if that happened, do I want to be able to walk away from it with just my reputation damaged, or do I want to lose my house as well?"
https://lowendtalk.com/discussion/comment/4652808/#Comment_4652808
That pricing was valid as of ~2 weeks ago but perhaps I just got lucky and saw a price error in stock. Going back to it now, I can only find DDR3 for that price range.
Personal address on the invoices, I believe. I have two servers. If it tanks without a refund, that's where I will be filing small claims.
I just read the comment linked and oh my giddy aunt π€¦ββοΈ
Pay 3 years for Unmetered
I'm wishing you all a happy new year who paid 3 years.
Year end drama is here.
The most profitable business scheme: be active 1-2 months before Black Friday. Do a great BF thread with hundreds of flash deals. Sell the company or disappear after 2 months. Keep the profit.
He started back in 2021, though I believe? Well, at least with Veloxmedia
It's a one time opportunity. So should be done when you clear your exit route.
Does management change happens overnight over a drink in a bar?
Till a few days ago, he was posting offers. That is what makes it uglier.
If you are the at the verge of changing management, then stop the offers and let the stakeholders know.
One thing you SHOULDN'T DO is, bring more unsustainable offers.
Well, apparently you can still buy more servers from the page
Actually, yes, that is exactly what happens in a lot of businesses.
I bought a shop 11 years ago. Right up until the sale was completed, the previous owner was standing behind the counter. On the day it was completed, I got the keys, and from that day, it was me behind the counter. So, yeah, overnight new owner as far as the public is concerned.
Even businesses that are making a loss can be sold on as a going concern. It really depends on;
If a buyer has actually been found, or it's just running until the next server billing cycle hits, and everything gets switched off.
If it could be proven that a profit was in sight in a reasonable time frame.
Time will tell. Ive asked for an update regarding the services paid for.