Any Forex trader uses special software called “trading platform” on a daily basis. A trading platform (a.k.a.“terminal”) allows placing orders, building charts, running Forex robots (i.e. Expert Advisors), and the like. In some cases, it is enough to install a trading platform on a home PC, for example, if you just learn about Forex and don’t make your living from it. Still, you need be 100% sure in your ISP and power supply, since anytime something goes down you may lose a trade. Or vice versa, make millions if your trading platform is ahead of competition.
Essentially, here’s the criteria I would use to judge things – if your site is made up of primarily static, HTML-based content, then you probably don’t need a VPS package. However, if you have a large amount of files stored, multiple sites, dynamic content, and the possibility of major traffic from time to time, then you might consider upgrading to a VPS. It’s a powerful package that allows you to do more than you could with a shared hosting plan, but requires less investment than a dedicated server.
What is mining exactly? It is solving the same mathematical problem over and over again. In the early days of BitCoin, it was profitable to use CPU capabilities for mining. But the truth is CPU is not meant for performing repetitive tasks all day long. CPU mining is not fast enough, compared to GPU mining or more sophisticated solutions like Field Programmable Gate Array (FPGA) and Application Specific Integrated Circuit (ASIC). Taking into account a hosting fee that you will need to pay for a VPS, your profit will be next to nothing. That is why we do not recommend using a VPS for mining.
Hostinger provides a 6-tier plan for their VPS hosting services, which you can choose to fit the needs of your website. Their Plan 1 offers the basic specs with 1,000 GB (aka 1TB) of bandwidth, 20 GB of disk space, and about 1 GB of RAMs. If you want more, you can opt for Plan 6 which gives you a whopping 8 GB of RAM, 160 GB of disk space and 6,000 GB of bandwidth.
The "slashdot" effect is the main problem which will lead to VPS hosted website crashes more than any other. For example, if a VPS plan has an allocation of 2 GB of RAM and 2 CPU cores with a maximum support for around 200 simultaneous users of a complex Drupal or WordPress site, a popular social media link may temporarily increase traffic to a website 10x or 100x. In these cases, the VPS will crash... unless the overflow can be managed by burstable RAM or elastic cloud scalability. In elastic frameworks, the network monitoring software simply launches a new VPS instance with a cloned & synchronized version of the website files that can manage the additional user demand. When the traffic spikes decrease, elastic server networks can automatically scale down VPS instances to conserve resource utilization in production.
So that’s it, then – a VPS is for everything in between, right? Well, yes…and no. A VPS (Virtual Private Server) is a flexible solution that falls in between shared and dedicated hosting, not only in price but also in the way it functions. Like a dedicated server, a site hosted on a VPS gets its own RAM and disk space; however, like a shared server, it uses the same processing capacity (CPU) as a certain number of other sites. So, while your site’s performance isn’t reliant on shared RAM and disk space, it is dependent on a shared processor. Moreover, the distribution of processor share varies from provider to provider. The table below shows how most hosting companies break down the differences between shared, VPS, and dedicated hosting plans: