Its now running on a dedicated server with 6 cores/12 threads and 32 gb ram. I hope this will be enough for the near future. Nevertheless, new users should still prefer to signup on other instances.
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Exactly. lemmy.ml is lemmy.ml - just a single instance. there should be incentive for other to stand up instances of their own. overload on any instance is good reason for ppl to get out there and build new instances.