As linked elsewhere in this thread, its plenty achievable to have bare metal at 16e/mo or less even, between Online.net and Kimsufi.

Alright, thanks that's exactly what I wanted to know. Why don't the U.S. have good dedicated server offerings? Hetzner, Online, Kimsufi, they're all in Europe for some reason. Across the pond I've only found really expensive managed hosting solutions and VPS.

Kimsufi is available in Canada.

Dual-Core CPU AMD Athlon Regor 3.2GHz 3GB RAM 500GB SATA 5TB Traffic 40$ on serverpronto

Simmilar setup with 2GB RAM goes for 19 GBP on 1on1 in the UK

HP ProLiant DL120 with a Dual Core Xeon 4GB of RAM and 2TB storage goes for 29 Euro's on Leaseweb...

Is it 16? nope, but don't even compare 16 Euro's for a didcated cell phone with no storage, no IO and very poor performance is like leasing a TI calculator as a compute cloud....

It's not, though.

online.net will sell you an x64 server for as low as 6e/m, and with scaleway you can get an ARM server with a significantly better storage story for 10e/m.

There are a myriad of low-cost dedicated server providers in this price range that are not selling SD cards and other consumer hardware.

Surely this? https://www.scaleway.com/

Here you are. http://www.kimsufi.com/

For what application is bare metal server rental particularly useful? (as opposed to either own colo or low end VPS)

There's security, basically there's two vectors a Hetzner compromise can be used against us, either they reboot a machine and get our data through rescue mode, or they gain physical access. VPS'es can be hacked fully digitally and transparently (i.e. if you have access to the hypervisor you're in).

There's performance concerns as well, but those don't really apply for ARM as obviously you can do better.

Performance is much better compared to VMs. Lower overheads, no emulated devices, and memory and storage controllers are not shared with other VMs. If you don't need "elastic" scaling, i.e. you have a relatively constant (base) workload, bare-metal dedicated servers should have a much higher performance/price ratio.

Compared to VPS, you give up some flexibility (bare metal servers are generally only available for a month), but, at equivalent price, the specs are better on bare metal servers.

Colo can be even cheaper, but it needs additional skills, and more upfront money investment. It's a whole different world.

There's a ton of them... Even on hetzner itself.