I have tried installing Magento on a shared hosting solution but it is unbearably slow. I have decided to host my future online store on a VPS. What would Magento experts say are the hardware requirements in order to have an above average performance?
I plan on going through the installation process with diligence, tending to cache configuration and other possible ways to optimize for performance.
This is the VPS I chose:
-4 vCores (KVM virtualization) -14GB RAM -1000GB Disk space -100Mbps connection
I can upgrade to the following setup with a pricing delta of ~222$ per year.
-6 vCores -30GB RAM -2000GB Disk space -1Gbps connection
I think I should be OK in terms of processing cores (am I?), but I'd like an opinion about the connection bandwidth and RAM.
EDIT: I have checked this question, and although the question is similar, I'm looking for an above average performance, and not just minimum requirements to host a Magento shop.