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You can say you are not native English and just used AI to fix grammar issues in your message
it s posibel
No, email clearly says "... we'll be adjusting your plans during the next renewal ..." and there is a separate renewal price column for existing services.
No, not really fine, so if you see such cases, feel free to report them!
At the same time, most offer posts tend to be based on a recurring template, so they're not terribly original in style to begin with
WHAT? so my existing vps are fine?
No. If you are paying $3.50/mo right now for KVM Slice 1024, next month you will pay $4.50/mo.
If you buy a whole new KVM Slice 1024 VPS, you will pay $5.00/mo.
Edit for extra clarity: New price increase will show next invoice.
$145 for a 32gig KVM, big uf.
i see, so it's just $1 increase, last time i paid was $21/6mo so i guess ill be paying $27/6mo
chicken is getting expensive, they want us to eat big tec insect burgers
True, but it comes with dedicated vCPUs so...
lets see which provider follow
Brother, you can get a fat dedi for that money.
Fuck vCPUs
can get a better dedi with that price
The problem really is elsewhere: what do you get for the money?
I'm using those because of anycast, which is a unique selling point in vps world.
But: with the upstream provider used for that anycast going downhill since years and e.g. a vm in new york can only be reached via chicago from new york (40ms latency instead of 4) etc. pp., the price-value composition is is getting more problematic every months.
Which is really sad in light of how BuyVM started as a innovative provider (but that innovation drive is probably already all gone with the sale of BuyVM one or two years ago).
A fat one, @allthemtings could get 2x KS Xeona G, he would be moist.
Well, if >28% increase is just or even is probably somewhat subjective.
What part isn't clear? They pay a datacenter to house their equipment and provide power and they pay another provider for bandwidth (and just a simplification of their expenses not including things like salary and increased hardware costs). Both of those are ongoing and increasing in cost.
Are people only now hearing about the global datacenter and hardware shortage from the AI boom? How the fuck are people surprised by price increases?
I’ve been working on a fix for the anycast stuff, I’m hoping to have some good news soon
proposal was sent to the boss a few days ago.
Francisco
@Francisco can you tell us how much more revenue BuyVM will get from this increase supposing all of your customers stay.
I had once done a calculation about it when Netcup hiked their prices (In front of their CEO) and I had gotten a number close to 8 millions dollars. (https://lowendtalk.com/post/quote/215401/Comment_4751570) [PS: its a long comment]
My understanding was that Netcup had increased its price hike in my honest opinion, somewhat exactly in such a way that they were able to continue having the same growth that they had, during covid (which was around somewhat 20% YoY iirc)
So TLDR, they had done a price hike exactly in a way to try to have growth in such a way that they had during the best times of hosting and they raised prices for the average consumer who was using them over the board to achieve that.
Now I was only able to achieve this TLDR because props to netcup it had a lot of information available about how many users use it, the average ticket size for a user which was the reason I was able to do this calculation so in some sense yeah props to their transparency.
I would love to do a calculation about buyvm if possible and am just interested because Ram prices have indeed gone down from the peak which was during the Netcup crisis.
I can't get into those numbers, that's not for me to discuss.
Thankfully BuyVM did its LUX migration last year without getting bit by the hardware price hikes, but it still cost hundreds of thousands to build, test, ship, setup the new hardware & location. All requiring a bunch of either remote hands, or flying guys out to do work.
I know Hannan is wanting to do some hardware revisions (newer ryzens for other locations? maybe some epyc stuff), but hardware is as nuts as it is.
That said, it was a bit of everything. Some datacenters weren't in contract when the sale happened last year, which meant Hannan had to negotiate new rates, and they got in a good hike on him then, i think around 20% on one place alone. Telehouse just did a mass hike on power this year (15%+). Miami went through an absolute shitshow because it changed hands 3 times in just a few months, with DR now doing a sizable bump too. CH costs more than LUX, as well as transport costs to get HE into the DC. The EU power stuff dug into it too, but not quite as bad.
One of our vendors tried to 3x our bill last year on false pretenses. My clapping back at them ended up in court documents.
It sucks, but Hannan/Cloudzy ate those costs for all of last year , and all of this year too. That's not counting all the years that I ate hikes from every DC and vendor we have. The slice pricing that currently exists has been in place since... 2015~2016? Maybe Hannan could've done some smaller yearly hikes (4% one year, 5% another, you get the idea), but I think its better to just hit a fair one off and call it done. I don't want things to turn out like cPanel where you're waiting for your yearly colonoscapy.
Francisco
To me, @francisco, although I am more of a buyer rather than a business, but price-hikes have almost always never seen worth it to me even thinking as a business because well nobody likes to pay more and we don't know how many people might drop out paying entirely (Within the form on this page, it says that 66% people are thinking to cancel)
Especially on existing users as I think its really unsure how they might react but it puts a wrench on an otherwise stable/predictable cashflow but I do understand some aspects of the decision though. It's not a completely negative decision and maybe I might do the same if I was in the same shoes of cloudzy.
That's alright mate, I hope that the person who is able to discuss shows up on the thread as I would really love to get some numbers/transparency!
I find it interesting that the Datacenters are raising the average residential person's prices yet they are also raising the price on the cloud/vps providers who are using the datacenter themselves, and yet these datacenter making companies don't seem to be doing too much profit of themselves too. Where is all the money going into then, fire pits?
Is it that for these datacenters, AI/GPU chips cause a lot more power consumption across the board and it has just increased the power prices of things as the demand has increased, period? I would love to hear your opinion.
Once again though, although I know that you can't provide me the exact numbers but 20% increase in a DC rent/power hike doesn't correspond to an equal amount within the VPS itself as VPS has more things involved but it certainly impacts negatively but I am unsure to say how much to if the price hike would seem reasonable to the end user, but either way I can't say how the reaction of the end user would be until more people comment and thanks for your response your detailed response @Francisco and I hope that BuyVM sorts these things out with their customers. Nobody wishes to be in a situation where they have to price hike things hopefully so I hope things sort themselves out.
This is good news, because squatters can free up some inventory I need.
considering this is first price hike they did, it is not bad at all.
kuddos to them for taking the hit that long
I use them for some stuff and it is decent
They need enough revenue to expand inventory, otherwise they may be struggling to buy 1 new rack when they need 10, or whatever it works out to. I'm seeing SSD prices 5x and HDD prices 150% in less than 6 months.
Also, as others mention, running costs are higher, especially electricity, not to mention stuff breaks and eventually they run out of spares.
The real test in integrity in pricing is whether they lower prices when the markets fall.
>
salaries also go up
people work for money
money is good, greed is bad.
Ffs
Honestly with current BuyVM pricing you might as well just go with AWS for $2 (20%) more for a 2GB
Seems valid, all I see is people saying BuyVM is greedy in this thread, but datacenter costs have gotten insane, bandwidth has gone up, RAM prices have gone up. Most companies have eaten these costs as much as they can but eventually something has to given.