Selfhosted
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If I were you, I would look at the chinese offerings on aliexpress. If you carefully read the spec sheets, you can find excellent price/performance
Just looked around and there are mini PCs for around 130€ with Intel N100 CPUs, which have a 6W TDP, AV1 decoding and they beat an i5 6500T (that one's in a 130€ Dell Optiplex I found on ebay) in single core and gets close enough in multicore. Is there some kind of catch I'm not seeing with that CPU? Because it looks perfect for my use case.
The N100 has a reputation for decent performance and good power efficiency at a cheap price. It's a basic quad core CPU with only efficiency cores (no performance cores) and no hyperthreading, but it comes with modern codec capabilities. It will certainly give you more power than a Raspberry Pi for everyday tasks, but don't expect to do anything too demanding with it. If your needs are basic an N100 mini PC seems like a good option.
I can't comment on the performance but yeah.. 6500t is what, 8 years old at this point? N100 is a year old. Tech can improve a lot in that time.
Can't quite speak for the n100 but I got a n305 one of these "China PCs" it's passively cooled (which was important since it's running in my bedroom) and seems to have amazing performance for what I need (I put jellyfin on there). I'm quite happy after futzing around with ARM SBCs and external drives this just works so well.
One catch is that you have to assume it's gonna be sending data to China or at least have a hidden backdoor, possibly both. That may not matter depending on what they are doing.
Another catch is that the hardware design is bad. They usually cheap out and those machines have close to no ESD protection on all I/O ports. A simple short in a USB device will most likely kill the motherboard and/or CPU.