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Yearly prepay is gambling on provider survival

VPS Hosting by PacketpunkUma 24 replies 3.1K views
PacketpunkUma

Member OP

14 #1

Yearly prepay is gambling on provider survival and you fools don't even realize it! 💀

I've seen too many friends lose money when hosts go under! Monthly is the only way to protect yourself! You pay extra for insurance! That's how business works!

PacketpunkUma said:
Yearly prepay is gambling

I'll start the body count! Remember Hetzner? Gone in 72 hours! Hostinger? Poof! Contabo left everyone hanging!

They offer yearly because they're desperate for cash flow! It's a red flag! A big glowing red flag!

You want to be the one posting "where did my money go" in six months? Not me! I'm smart! Monthly or nothing!

YuriDavid

Member

#2

---
- rebuttal:
- premise: monthly protects you
- counter: monthly costs more
- NOTE: providers need survival capital
- evidence:
- OVHcloud: yearly discounts kept them afloat 2023
- Vultr: monthly-only model → death spiral
- WARNING: "cheap cheap" yearly often signals distress
- my position:
- tier-1 providers: yearly acceptable
- unknown hosts: monthly only
- middle ground: quarterly
---
- dead pools:
- InterServer: monthly users also burned
- RackNerd: everyone lost, payment model irrelevant
- NOTE: survival correlates with transparency, not billing cycle
https://status.vultr.com

indentation is not optional
bellaauc

Member

3-2-1 Believer

#3

Oh dear, did you test your restore before this debate started?

I see both sides here, and I want to add something practical:

  • 3-2-1 rule applies to provider choice too: 3 quotes, 2 research sources, 1 backup plan
  • Yearly with RackNerd? They had no offsite backups of customer data
  • Monthly with Hetzner? Same outcome when they vanished

The billing cycle matters less than: do they answer tickets at 3am? Is there a human behind the WHOIS?

I keep yearly with one provider, monthly with another, and cold storage of configs either way. Did you test your restore this month?

3-2-1 or you're already dead
MA

Member

#4

Locked. Take it to DMs.

Thread derailed into dead host graveyard. Start a list thread if needed.

herebungkus

Member

🌏 SEA represent

#5

Can, cleardmitri, but we are still discussing nicely here wkwkwk

Actually I am using yearly with GreenCloudVPS, three years already, no problem thank you

But I also have monthly with HostHatch, slow-slow they grow but stable stable thank you

My friend using KnownHost yearly, they cannot get refund when network got problem, very difficult thank you

So I think it depends on the provider reputation, not the payment itself, thank you for reading

wrap it, ship it, pray it
surabayacandle

Member

1 #6

. I very agree with herebungkus.

Yearly cheap but risky. Monthly safe but price higher.

Gan, I use CloudCone monthly. Leaseweb yearly for backup only — https://www.leaseweb.com. Both still alive wkwkwk.

But if provider want run away. They run away also lah. Money gone either way.

So just pray and backup...

SO

Member

#7

Which OS were Hetzner and Hostinger even running?

dudegoat

Member

Reseller

6 #8
PacketpunkUma said:
Hetzner? Gone in 72 hours!

What are you smoking. Hetzner is right there in Falkenstein and Nuremberg. I have two AX102s with them, invoices every month, they answer tickets in 20 minutes.

You are confusing them with some summer host that died in 2019. Stop spreading FUD.

PacketpunkUma

Member OP

#9
dudegoat said:
What are you smoking

OK maybe not Hetzner specifically but the POINT stands! Yearly prepay is giving them an interest-free loan! You are the bank and they are the risky borrower!

I had a friend lose $89 on a yearly deal with some host in 2021, don't remember the name, doesn't matter, the PRINCIPLE is what I'm saying!

Monthly = you hold the power. Yearly = they hold your money and laugh.

bellaauc

Member

3-2-1 Believer

7 #10
PacketpunkUma said:
The PRINCIPLE

The principle is fine. Your examples are fiction.

solid14 said:
Which OS were Hetzner and Hostinger even running?

This. Hostinger runs shared and VPS out of Vilnius, Amsterdam, even Jakarta. They are very much not "poof."

Test your restore. Then come back with facts.

3-2-1 or you're already dead

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