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I have a similar system from Hetzner. I pay around $100 for it. No bandwidth cap.

I have setup encrypted backups to go to my backup server in the office. We have a gigabit service at the office. Critical data changes are backed up every hour and full backup once a day.

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Yeah -- I know I could probably get a better deal. I pay more for premium support ($200), as well as a North American location. Plus, probably an addition premium for not wanting to go through the effort of switching servers.
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