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.