How long does it take to sync a new cardano-node server running v1.29?

1.29.0 actually introduced a memory usage increase.

There are a few related topics on the forum. Try looking them up:
ie:

1.29.0 is by default configured to use 2 CPUs. There are ways to configure it to use more CPUs with the RTS and -N flags. I think the bottleneck is the processing power while syncing. IIRC using htop you should see some cores running 100%.

Usually when RAM becomes the problem the process will be killed because OOM, which you can observe in the logs.

My nodes run at about 8.2GB RAM usage currently.

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