There are a lot of reasons not to give them your money. They’re assholes to the maker community and they openly talk shit on a lot of their customer base. That’s beside the point, though, really.
It’s just not a spectacular option for hosting. In order to get a Rpi competitive with even the shittiest laptop from 7 years ago, you’re going to end up spending more than you would spend on a decent laptop from 7 years ago.
If it is a computer that turns on, it will likely function orders of magnitude better than an Rpi and won’t bind you to ARM architecture. My entire hosting setup was pulled out of a recycling pile for free. Install ubuntu/ubuntu server and enjoy yourself.
If you intend on spending any amount of money on this hobby, I cannot express enough how much I recommend against any of that money going toward a Raspberry Pi.
EDIT: A lot of you seem to be reading this as “Raspberry Pis are all nonfunctional” and getting mad about it. Don’t do that.
What about a web server or a file server? Both are very much on-demand, so they’re chock full of idle time. Even NextCloud has a ton of idle time.
Edit: As an aside, I love your profile pic, it’s a cool wizard :)