Price competition emerges in grid hosting

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This year's hot trend in web hosting is grid computing, which employs server clusters to bring the advantages of enterprise-level infrastructure to affordable web hosting plans. As with any trend in web hosting, it hasn't taken long for a price war to break out.

On Tuesday Los Angeles hosting firm Media Temple unveiled GridServer, offering industrial-strength specs for just $20 a month. The account comes with 100 GB of disk space, 1 TB of monthly data transfer and the ability to host up to 100 domains.

Read the complete story here. (Netcraft)