There's one cool alternative I found: Hetzner Online[1] leases dedicated hardware that their other customers stopped using or ordered but didn't use, etc. It is in form of reverse auction - unused hardware gets cheaper until someone rents it.
You can get i7-3770 server with 2x3 TB disks and 16 GB RAM for 32 EUR per month. That's not much more money than linode, but it is much beefier and just your (but no SSD). If you pay more you can get something like i7-3770 with 32 GB RAM, 2x3 TB disks and 2x240 GB SSD for 65 EUR a month.
The servers are in Germany, which might be interesting for Europeans who are wary of US cloud companies.
I'm not affiliated with them in any way, I just find their offer cool.