Ummm, just a question Chips, but wouldn't our money already be sufficient? I know a server company in Germany with reliant and good servers, a 32-slot costs 245 Euros a year there, which roughly translates to 21 Euros a month (20,4166666...).

Or, with our 70 Euros we could have a 32 slot for 90 days already...

I don't know for what period you plan your payings to be (the 60 Euros, that is)... monthly? Per year? Per half year?
For me, I can afford 10 Euros or dollars (roughly the same ) every month, but I can't put out 120 straight away at one point for the coming year....