If you want to select a VPS provider located in a foreign country, you will be subject to a ridiculous amount in fees and service charges. Furthermore, you are also likely to suffer losses due to the exchange rate. On the other hand, since the government has absolutely no involvement in transactions made by bitcoins, the fees are actually minimal and may even be considered negligible by some.
Dedicated: True to its name, a dedicated server is entirely yours to utilize. This is usually an option for those with a high volume of traffic or those who choose to customise their website in a specific way. However, it’s an expensive choice that might not be right for you if you’re just starting out or if your requirements aren’t too advanced. VPS offers you the same luxury of privacy and dedicated resources with a small space to rent. It offers you one piece of the whole server which is exclusively yours.
What is VPS hosting? Basically, VPS hosting (Virtual Private Server hosting) is a service that gives you a web server’s hardware to share with others without sharing the software. This means that you can have complete root control over the server as if it were your own dedicated server but you will still share the CPU, RAM, and bandwidth with other users. You can still have guaranteed CPU, disk space, and memory. This means you can install whatever you want.
In answering this question, maybe it’s better to examine how VPS hosting fits in to the overall offerings of most hosting companies. Shared hosting is just that – your site is hosted on a machine with a bunch of other sites, and each of you share the same resources, including RAM, disk space, and CPU. Your site uses what it needs if it’s available, and if it’s not – well, that’s the limitation of shared hosting. Likewise, a dedicated server is also self-explanatory – your site is the only one hosted on server, and you have all the aforementioned resources available at your beck and call. Dedicated hosting is therefore for those large sites with big databases and lots of traffic, whereas the limitations of shared hosting’s usually prevent it from housing that kind of site. Dedicated servers are also relatively expensive, while one can get a shared hosting plan for under $10 per month.