There was a discussion in this community about this 2 days ago. Check it out - https://lemmy.world/post/10777395
this post was submitted on 17 Jan 2024
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I bought a Server a few years back via the auction. It was perfectly fine, just a Server and at the time at a lower than normal rate.
Currently the servers never reach the prices I would consider buying at, but maybe if someone was lucky there might be a bargin from time to time.
Ultimatly I cancled the server and moved to the Hetzner's cloud servers as they are cheaper for my use case.
As for Hetzner itself, I am very satisfied with them
Although most providers do over provision, due to mostly bursty nature of most services, you’re probably less likely going to notice the shared aspect as opposed to the general age of the system. So it may be a good idea to take a quick peek at your VPS’s processor and compare that against what you’d be auctioning for. 1 older core (I.e. E5-2687W) is not going to be able to put up same amount of work against 1 newer core (I.e. AMD EPYC 7763) — brands and actual models are less relevant, just the idea of age gap that’s more important.
If you want to be absolutely sure, it may be just a good idea to budget for some duration where you’d pay for both services (you’d need some time to migrate everything anyway), and run benchmarks on both systems to see what you’d get out of each, then decide which one to keep.