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This is what DigitalOcean did to create their block/object storage. If you're interested in doing this type of thing in a career capacity the storage team is hiring a lot of people right now. Feel free to reach out to me as I'm on that team. :)

https://www.digitalocean.com/blog/why-we-chose-ceph-to-build...

Can you explain how the economics of what you are doing would be competitive with something like S3 or B2? I feel like there could be a market/margin here but there are a lot of numbers involved to figure out the specifics.

Just take a look at the egress pricing of B2 (10USD/TB) S3 (92 USD/TB) and then look at Hetzner's 1 EUR / TB. There is quite a margin there - same thing with the storage costs (23,5,1.5).

I'm currently thinking about starting a very similar project, would you like to talk about it and exchange some learnings?

Sure, how can I reach you?

claudioreiter on telegram or via email hn@dagobert.pw