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> Mac Mini colocated for $54/mo

Interesting, who is the provider for this?

I believe MacStadium pricing is in that ballpark.

MacStadium will rent you a Intel Mac Mini for $59/month, or an M1 Mac Mini for $109/month. They do not offer colo.

They do,

I sit corrected, I don't know how I missed that on their page.

EDIT: s/stand/sit/

It's not really something as prominent as the other things they offer.