For the equivalent of $500 in credit you could self host the entire thing!
However if you actually follow the 3-2-1 rule with your backups, then you need to include a piece of real estate in your calculation as well, which ain’t cheap.
Its a huge savings over a cloud instance of comparable performance. The closest match on AWS is ~$1050/mo and I still have to back it up.
The only outage in 2 years was last week when there was a hardware failure of the primary ssd. I was back up and running within a few hours and had to leverage the full 3-2-1 backup depth, so I am confident it works.
If i was really desperate i could have deployed on a cloud machine temporarily while i got the hardware back online.
All my ripped media could be ripped again: I only actually have a couple of Tb of un-lose-able data.
Its always gonna be cheaper because you don't have the cloud provider's profit margin, which can be quite high.
Just on electricity costs alone, this is good value. My electricity costs are 22.86p/kWh which is pretty cheap for the UK. That means that if having that drive plugged in and available 24/7 uses more than 37W, it's more expensive to self host at home than rent the space via a server. Also, I've not needed to buy the drive or a NAS, nor do I have to worry about replacing hardware if it fails.
Having privacy is a reasonable goal, but VPNs and SSL/TLS provide enough for most, and at some point your also just making yourself a target for someone with the power to undo your privacy and watch you more closely- why else would you go through the trouble unless you were to be hiding something? It’s the same story with Tor, VPN services, etc.- those can be compromised at will. Not to say you shouldn’t use them if you need to have some level of security functionally, but no one with adequate experience believes in absolute security.
The beautiful thing is: they are :-)
If A uses a cereal box cipher and B has a cereal box cipher, B can can make sense of encoded messages A sends them, A can ask about the weather, and B can reply with an encoded response that A can decode and read. B is able to read A’s decoded query, and B knew what the weather was, and responded to A with that information.
Security is not magic.