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Big part of the concept of a fediverse is the decentralisation. It would be beneficial I think for more people to register on smaller-medium sized instances to help reduce the load on the large few
Or run your own, if you know how
How much does it cost to run your own instance? Do you have to pay the whole domain, server, security package with a service like cloudflare and all?
Mine is running on a €2.49 Hetzner VM. I already have a domain, so Lemmy is just set up on a subdomain. I secured it myself (that sort of thing is my day job). I don't think I'll need to upgrade, because it's a closed instance with only 2 users.
All told, it would be maybe €50/year if you're starting from nothing.
I haven't researched it at all but I'd be very surprised if you needed anything more than a domain name (basically free as long as you don't go for a common TLD) and somewhere to host it (literally free if you do it on a home PC but that comes with other issues). Cloudflare and extra security are nice but aren't necessary for something like this.
Porkbun is offering the first year free for a new .dev or .app domain https://porkbun.com/event/freeappdevdomain
$10/year renewal is really cheap too in my experience.
Damn yeah that's dirt cheap!