Does "Selfhosted" mean you actually have a server at home?
I'm trying to better understand hosting a Lemmy Instance. Lurking discussions it seems like some people are hosting from the Cloud or VPS. My understanding is that it's better to futureproof by running your own home server so that you have the data and the top most control of hardware, software etc. My understanding is that by hosting an instance via Cloud or VPS you are offloading the data / information to a 3rd party.
Are people actually running their own actual self-hosted servers from home? Do you have any recommended guides on running a Lemmy Instance?
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It's not strictly defined like that. Some people do, others don't.
Do you think that the majority host from a 3rd party services or hosts from a home server?
I started at home and then moved into a vps for my lemmy instance. I decided I don't want all that public traffic hitting my home ip.
Which VPS do you recommend?
I'm using Racknerd. They came highly recommended and I've been happy so far.
Check out lowendbox.com for vps reviews and deals.
My website/blog is in the cloud but anything that needs local storage or internet access (everything else) is virtualized in a container on proxmox.
It's easier and quicker to start with a VPS and most people do that. On the low end it is usually also cheaper (unless you already have or can get second hand hardware almost for free).
However, if you are starting to get higher storage and compute needs, currently especially also GPU compute, hosting from home can be very interesting as it is much cheaper in the longer term and the hardware side is interesting to learn as well.