ralfrandomMounting S3 as a filesystem in your VPS for unlimited cheap storage
Own hardware is always cheaper in the long run
True, but S3 offers you extremely high availability and security for a quite fair price, and not everyone wants to immediately self host on their own hardware.
Cheaper to use Backblaze b2
Indeed, the article was written with Backblaze B2 as the S3-compatible storage used.
Or Wasabi
I stick data I will almost certainly never access again on glacier deep archive. Dirt cheap. Good place to escrow data.
Wasabi have similar pricing to glacier, but without the limitation