Korgen

Depends how many people you are hosting for. But what you describe seems overkill, I think Lemmy.ml just upgraded to a 6 core cpu and 32gb of ram and they have 30k+ members.

I run my own instance, the benefit is privacy and reliability. Everything is controlled on your own server. You also aren’t reliant on someone else running an instance that could go down at any time, either permanently or an outage. Been a problem with Lemmy.ml recently.

Lemmy instances seem to have trouble seeing content from kbin instances for some reason.

Reddit is nothing without content, and a lot of active posters and subreddit moderators use third-party apps and bots. Even if it’s a small percentage of Reddit users, it’s the most engaged users.