Also, pricing of Digital Ocean seem to be quite steep for larger machines. E.g., Hetzner offers AMD Ryzen 3600 dedicated servers with 64GB RAM and 2x 512GB SSD

Also, pricing of Digital Ocean seem to be quite steep for larger machines. E.g., Hetzner offers AMD Ryzen 3600 dedicated servers with 64GB RAM and 2x 512GB SSD for 42.16 per month including VAT. Or if you really insist on a VPS, you can get the same configuration with double the disk space at Hetzner for 15.38 per month at Hetzner. I have a Hetzner VPS and it has been rock-solid. (I know that they are in Europe, but I assume that there are similarly-priced competitive US counterparts.)