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Does the script run in the background automatically or am I going to have to set that up?
Oh and this thread is old so im wondering is there a bandwidth limiter now?
It looks like @fs' script only runs once so you will need to configure a cronjob to run it e.g. every hour.
Run crontab -e as root to edit root's cronjob list and add the following line at the bottom:
0 * * * * bash /path/to/script
and save the file.
At the moment, we are not billing for bandwidth as there is no way for a user to tell how much bandwidth their droplet has used via the control panel, so you don't need to worry about it for now :)
Has this been added yet?