Greetings! I joined the Fediverse near the beginning of this year. Mastodon was the first platform I joined. Since then, I have been enjoying my experience, and recently, I joined Lemmy and found myself using that site almost as much as I did with Reddit (before the mass exodus).

However, there are a few things I'm curious about, and I would like feedback from this community. Greatly appreciate your responses!

What is the monetary cost associated with an individual hosting an instance? Can these costs be covered sufficiently through donations, or do the individuals have to look for other sources of funding?
Has anyone thought about how we can bring more people over to the Fediverse? My friends and family are all still on the Big Tech platforms like FB and Insta, and I doubt I will be able to convince them to switch over to a Fediverse platform, especially if they themselves don't see any of their connections using the platform too. How does the Fediverse community plan on attracting more users over?

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[–] kersploosh@sh.itjust.works 3 points 1 year ago

lemmy.world reports monthly expenses around €1,200 per month, but they're also running multiple other services for that expense. Those costs are all covered by donations.

Smaller Lemmy instances are much less expensive. I've seen admins comment that they pay anywhere from $40 to $300 per month.