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Re:Element (Matrix chat app) suspended from the Google Play ... by pimeys on Saturday January 30, 2021 @06:24PM (#25974079)
I'm running my instance with lots of bridges in a 3-core 4GB server, paying about eight euros a month for it. Synapse runs just fine, but I'll probably switch to the Rust impl when it's done.

If you want to go cheaper and have only 300-400 Mbps of bandwidth, I've heard lots of good things about this provider:

https://contabo.com/en/vps/

Re:Element (Matrix chat app) suspended from the Google Play ... by tluyben2 on Sunday January 31, 2021 @02:16AM (#25976837)
Contabo is great: finally a provider that does not save on mem and disk space. I moved everything to them and I save tons of money. The 400mbps is only for the cheapest as well: you can pay more to get more. Not that most people would need more. Especially for running matrix for a company etc.