Curious to know if anyone can explain why on-line storage is so expensive? Most places want $100+/mo for 1TB of storage, while a 1TB drive only costs $50. I understand there's management costs, cooling, electricity, physical space, etc. But those would be per drive costs, not per TB, and certainly wouldn't add up to $100/mo.
Meanwhile, there's services like Google Drive, etc which costs about $100/yr per TB. Still exorbitant, but not as much so. 3rd party software can mount it as a drive, but only for a short period of time before the token expires. So they seem happy to sell you space at less than 1/10th the cost, as long as it's harder to use.
There just seems to be a lot of cash on the table for someone to offer much cheaper storage solutions, but no one is actually doing it.
Meanwhile, there's services like Google Drive, etc which costs about $100/yr per TB. Still exorbitant, but not as much so. 3rd party software can mount it as a drive, but only for a short period of time before the token expires. So they seem happy to sell you space at less than 1/10th the cost, as long as it's harder to use.
There just seems to be a lot of cash on the table for someone to offer much cheaper storage solutions, but no one is actually doing it.