Providing VPS from dedicated servers?

Hey, as the title suggests I am looking to provide VPS for my customers. I wanted to ask a few questions. I have read a lot of articles and everyone seems to give a different opinion, can I virtualize the threads of a CPU or is it just the cores? What is the best dedicated servers specs (CPU, RAM etc) to be able to cost efficiently provide around 20-30 VPS for 4×8 VPS and 6×12 VPS? I do not need anything crazy as users will be running non-critical programs. I do not want customers to use…

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