Can we upgrade my plan from shared hosting server to dedicated server?
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Yes, you can resize to any Droplet plan that has equal or more disk space as the original Droplet. That means you can increase or decrease the amount of CPU and RAM, change the type of CPU on a Basic Droplet (switch between Regular or Premium and between Intel Premium and AMD Premium), change between types of Droplets (like Basic, CPU-Optimized, and Storage-Optimized), and increase the amount of disk space.
For more information you can take a look at the following documentation: