its not 256MB but 512MB vps but only $5/m
they are not paypal only.
mentioned on their page: "We accept BitCoin, all major credit cards, and "
Thank you for the recommendation!
In that case, if 512MB is OK I'll make 2 recommendations
1. Nephoscale: 512MB, SSD, 10Gbps port, San Jose, rock solid reliability.
pricing: Nephoscale's pricing is strange. Regular price is $5.84 monthly for the 512MB size but you can lower it to about $3.90 monthly if you buy a subscription (1 yr subscription for the 512MB size is $11.68 upfront but the subscription reduces your monthly payment amouns by 50% so you'll pay about $2.92 monthly...they only take credit cards). They're also offering $25 in free credits (banner on home page) so you can reduce the price even further
http://nephoscale.com/
2. Mirantis Developer Edition, free for one year, you just need to verify identity with a credit card. location: California
what you get for free: 4GB RAM, 4 cores, 100GB storage, 2 IP addresses ( so you could create a 512MB VPS + a 3.5GB, etc)
company is unlikely to disappear before your 1 yr trial is up: they are swimming in VC funding...Intel just invested $100 million, Dell and Ericsson have also made huge investments. TL;DR they're planning an IPO next year and are not likely to deadpool any time soon.
https://express.mirantis.com/