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Assuming it's possible (i.e. you don't need a POSIX file system), your best bet might be to use an Object Store like S3. It will most likely be by far the most cost effective solution.

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Thanks. S3 would work fine for me (from a tech perspective), but the question is, would it offer ~500 GB storage for under $10/mo?

According to their calculator[1], it's $15. Less than $10 seems unreasonably low for what you're asking.

[1] https://aws.amazon.com/s3/pricing/

You can use S3FS (https://github.com/s3fs-fuse/s3fs-fuse) to mount your buckets and make it look like just another directory using /etc/fstab

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