cross-posted from: https://lemmy.ca/post/1711526
This is a little late, but I figure that it’s better late than never!
For full transparency, I’m just going to give a high level overview of the financial situation of lemmy.ca through June 2023, when I started to accept donations.
Total Expenses: $30.00
This includes all hosting fees, including backups, etc.
Total Contributions: $1,503.03
- $1,184.84 through LiberaPay
- $318.19 through OpenCollective
All contribution amounts are not including payment processor and/or OpenCollective fees.
Remaining Balance: $1,473.03
I plan on transferring the remaining balance to the new admin team, whenever they are ready to accept it.
Thank you to all that have contributed so far, I couldn’t have gotten the instance to where it is now without your generosity. I’m very excited to see what comes next and look forward to watching the instance grow more!
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Holy shit, that’s great. Best of luck, let’s continue!
Now that’s a profitable balance sheet if I’ve ever seen one.
Are the costs projected to rise? $30 seems crazy low
from https://lemmy.ca/comment/1453076 :
the reason it was so cheap during June was that it used to be hosted on a VPS which i believe started with 4 CPU, and I kept upgrading it eventually to 8 CPU for the last few days. it then got migrated to a new dedicated server which is closer to around $150/month i believe.
I guess the $30 only counts the hardware and internet cost. Admin’s labour for DevOps work doesn’t reflect in this cost sheet :)
