Only one gb Ram and one core cpu for 0.45 btc for 12 months?
Well in my opinion it is overpriced. There a alot more websites that sell it for cheaper
Of course, anyone can claim any specs and sell them for any price. But usually something has to give, like reliability.
This offer is for people who want AWS reliability and can't use credit cards or have other obstacles. Some people already actively asked me to provide it.
There are vast possibilities to tune the parameters. For example, one can have spot instances that may be suddenly stopped and restarted only several days later (as AWS decides to shed the load), but would cost only about fifth of the price, if anyone is interested.