Without this beta github offer: 2-core CPU (x86_64), 7 GB of RAM, 14 GB of SSD space
Your last development machine that was thrown away is so much faster than this (and we do have great tools for administer stuff like this nowadays). Hell, the computer I bought as a student in 2008 is comparable(!) (though it didn't have an SSD). And it will have so much better network connectivity with everything else on your network.
Whenever you hear cloud, realize that the dedicated time you will get (unless you specifically pay for it (in which case it will be more expensive than self-host)) is in the same order the phone you had two generations ago. That is why gmail search sucks. Because they can't afford to really search your messages and can not even do exact matching properly.
So yes, apparently github is fixing this now and if paying for this problem makes sense for you do it. But this is a problem that was partly invented by the cloud in the first place.