Really? You can't beat the security of hosting servers in your basement with a top-tier datacenter with armed guards, mantraps, insurance, fire suppression, redundant power and internet, etc.?
My AWS instances are likely orders of magnitude more secure than a server sitting in my house.
It seems like the grandparent poster really should rent part of a co-located rack instead.
I don't think there's much sense in hosting locally in a home environment with Google Fiber for almost any use case regardless of their ToS or the service's quality: for a system serving user requests a home doesn't deliver reliability or redundancy, for a lightly-utilized offline processing system a cloud provider is almost universally cheaper, and for a heavily-utilized offline processing system power and cooling costs become competitive with a datacenter relatively quickly (not to mention the cost of downtime - if you're at high utilization, downtime will cause your job queue to build rapidly and possibly insurmountably when you can't supply burst capacity).
For my use I need the fastest CPU + ram + IO I can get for as little as possible. The network does not need to be the best because this is not serving user requests.
I do not want to take the time to make my code run in parallel. An Intel Core i7 3770k with SSDs is the cheapest scaling I can get.
I use the same machine as a workstation for coding.
This setup saves me $180 a month at the cheapest dedicated host I could find + I have a blazing fast work station.
Yes, a data center has armed guards. Those armed guards are not loyal to you and they are not observable to you.
If you are a startup with a trade secret written in code that is incredibly valuable and absolutely can not get out, self hosting gives you a kind of physical security that is hard to get running your code on rented machines.
I am not saying that this is my case, but I could see a case where it would apply.
Lets say you have developed extremely profitable algo trading strategies. If they are the kind of strategies where millisecond execution is paramount, of course you have to co-locate.
If your strategy is not under that kind of time constraint I would want my algos on machines only I could access.
Production servers really don't belong in houses for many reasons besides connectivity and Google Fiber sure doesn't change that.