The only way to go below $1/mo is by using over-subscription. You don't get dedicated hardware for $1/mo.
With over-subscription, it's a mathematical fact that you cannot use all the processing power you've seemingly been given. The VPS provider could just give you only as much CPU power as you can use at any time (effectively 1/n the total power with n users) -- but that would be terribly inefficient (most of the CPU power would be unused at any given time).
This isn't for everyone, of course, but I don't see a reason to criticize this business model when it delivers a definite advantage: lower prices.
If you don't like the trade-off of a lower price at the cost of not being able to use as much CPU power or RAM as you like, you may choose a service with less or no over-subscription. But I don't see how that subtracts from what this service has to offer.
The only way to go below $1/mo is by using over-subscription. You don't get dedicated hardware for $1/mo.
With over-subscription, it's a mathematical fact that you cannot use all the processing power you've seemingly been given. The VPS provider could just give you only as much CPU power as you can use at any time (effectively 1/n the total power with n users) -- but that would be terribly inefficient (most of the CPU power would be unused at any given time).
This isn't for everyone, of course, but I don't see a reason to criticize this business model when it delivers a definite advantage: lower prices.
If you don't like the trade-off of a lower price at the cost of not being able to use as much CPU power or RAM as you like, you may choose a service with less or no over-subscription. But I don't see how that subtracts from what this service has to offer.