CLOSED - lemmy.ca meta

211 readers

1 users here now

This community is no longer used.

Any future announcements will be made in [email protected]

founded 2 years ago

MODERATORS

smorks

Shadow

otter

June 2023 financial update for lemmy.ca (self.meta)

submitted 2 years ago by smorks to c/meta

4 comments fedilink hide all child comments

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!

you are viewing a single comment's thread
view the rest of the comments

[–] Sigmatics 4 points 2 years ago (2 children)

Now that's a profitable balance sheet if I've ever seen one.

Are the costs projected to rise? $30 seems crazy low

[–] smorks 4 points 2 years ago

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.

[–] zhenbo_endle 1 points 2 years ago

I guess the $30 only counts the hardware and internet cost. Admin's labour for DevOps work doesn't reflect in this cost sheet :)