A few years ago, 4TB hard drives could be found for around $60, and 2TB models were often close to $60 in 2020. Now, similar drives seem to cost $150–$200 or more, while some 20TB drives that recently sold for about $300 are approaching $800. What caused storage prices to rise so sharply, and is there a sensible way to start building a large data archive without overpaying?
1 Answer
Some of the extreme prices may also be due to temporary shortages, retailer inventory, or unusually high markups rather than the normal street price. It’s worth comparing several stores, checking manufacturer recertified or used enterprise drives, and waiting for sales instead of buying the first listing you find. For large archives, keep important data in at least two copies and remember that a single massive drive is a failure risk.
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