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You can get an 8TB HDD for $150 right now. That's 6250 drives. That's about $1MM in drives, which doesn't sound that cost-prohibitive. Obviously that's not the
by EdJiang 6y ago
You can get an 8TB HDD for $150 right now. That's 6250 drives. That's about $1MM in drives, which doesn't sound that cost-prohibitive. Obviously that's not the whole cost since you need to pay for bandwidth, replication and other infrastructure like the host node, but it sounds like something that could be even hosted by a number of volunteers on r/datahoarder or r/homelab.
I also remember reading about Sia on HN, which is a dapp that pays hosts to store data and distributes it. Looking at the going rates on Sia ($1.45/TB/mo), that's $870k/yr. That's ~10% of the IA budget (which is only $10MM/yr, which sounds very efficient!) but shows that the order of magnitude is not that crazy.
- phonon 6y agoBackBlaze B2 is $5/TB/month Azure Archive is $2/TB/month ($1.68 if reserved) AWS Glacier Deep Archive is $1/TB/month GCP Cloud Storage Archive is $1.20/TB/month Of course, there can be i/o and network charges, and different levels of redundancy (but possibly bulk discounts)...but the bare storage costs for for 50 PB per year would be roughly $600k - $3 MM/y.
- est31 6y agoThe cloud business is a small fraction of Amazon's revenue but a large part of their profits. It's extremely profitable for them. That's why there is such a large discrepancy between (non bulk) HDD price and (non bulk) per month cost for archival.
- TeMPOraL 6y agoAren't the costs of getting that data out of the backup much larger than the cost of keeping it in the first place, to the point that when you actually need to restore a large backup, it turns out it was better to have been managing it yourself? That's the impression I got from various HN comments on the topic over the years.
- blahyawnblah 6y agoThe cost is only there if you transfer out of aws. Something like glacier will have a retrieval time on the order of hours or days.
- ignoramous 6y agoGlacier Deep Archive does charge for retrievals at $0.02 per GB and additional $0.01 per 1000 such requests (both of which are $0.00 for Standard S3). PUT, LIST, DELETE are at $0.05 per 1000 requests, 10x the Standard S3 rates. https://aws.amazon.com/s3/pricing/ https://aws.amazon.com/s3/pricing/
- tfigment 6y agoAWS has Snowball and Snowmobile though only used former to reduce data transfer costs. Dont remember what other savings are in there. Like is there price reduction if use with Glacier or not.
- dmurray 6y agoLow cost to insert, low cost to keep it there, high cost to retrieve is exactly the combination you want when looking at disaster backup solutions, since you don't intend to retrieve the data frequently. Buy some earthquake insurance (I know, easier said than done) and only pay for 1/20 of the retrieval cost.
- loeg 6y agoThe majority of cloud costs of storage are bandwidth, so ignoring this makes the analysis meaningless.
- TeMPOraL 6y agoI think at this scale we're no longer talking about buying drives, but securing a steady supply stream of them. So we're talking not $1MM, but a somewhat safe $1MM per year for it to be even worth considering.
- samoa42 6y ago> That's about $1MM is that a "Million Million" eg. 10^12 ?
- jfim 6y agoSome industries use M for thousand. For example, advertising uses CPM (cost per mille), which is the cost for 1000 clicks or views. In this case, 6250*150 = 937500, almost a million.
- BelleOfTheBall 6y agoWould it remain feasible as they scale up? Their content is growing faster and faster so the number of drives would have to rise every single month, probably by several dozen even.