I'm in the process of upgrading my Plex server, once that's done I plan hosting my own Lemmy instance on the old server to test it out for personal use.
You absolutely don't need to be hosting any communities and can use it just for your own control over your access to the fediverse.
Okay that is pretty tempting, now I am gonna have to look into hosting my own at some point lol
For me the benefit is uniformity (not sure if thats a word) i can have a matrix account, a mastodon account, a lemmy account, all sorts of fediverse accounts all under my own domain.
This comes next to the already mentioned benefits ofcourse :)
Pros: you [sort of] own your Fediverse identity; you can make any changes to your instance you want (if you know how to do it); you’re in control of whom you peer with.
Cons: maintenance burdens (especially if you make any changes); content discovery complexity; possibly slightly less privacy (as you’re the only user of the instance, whatever is visible about it can be directly attributed to your activity). All solvable, of course.
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