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hmmm, in like LXC/OpenVZ okay, but KVM, AFAIK as long as you install the VM with encryption (e.g encrypted LVM) you should be fine, but of course, the host will still have access to the raw disk file,

honestly most VPS will work for your needs if you are tunneling the torrent traffic through VPN. Get your favorite KVM vps provider and use a guide like this:

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Having a external KVM solution would require graphics but I just remembered AM5 includes shitty cut down iGPUs now by default so kinda perfectttt ( at least 9950x )

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If you don't mind a garbage kvm solution ( Spider KVM or similar ) and remote power by using a switched PDU then I could probably offer some really affordable ryzens on consumer hardware.

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CPU is shared among the VPS, but I thought for KVM virtualization the RAM is pre-allocated and dedicated to each VPS?

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Could try https://buyvm.net/kvm-dedicated-server-slices/ in the EU (Luxembourg) but it’s not cheap

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