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You may not need a dedicated right off the bat. Go with some cheap shared, but do regular database back ups. Once your blogs get popular and start getting nice traffic, switch to dedicated then. Otherwise you'll be paying a lot for powerful server and you're gonna lose motivation soon. There's no fun in spending $200 a month for a server, spend 3 hours a day writing content and make $50 in return. Unless your blogs get busy, I wouldn't look at dedicated yet.
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