this post was submitted on 19 Nov 2023
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It is extremely unlikely for the market to return to the sweet spot (price/TB) being at $50-$60 drives as it was before the "hard drive crisis that started at the end of 2011".
Beside being not that good at TB/$ the small drives will cost more over time in power, and taking more bays and crippling your upgrade possibilities, the chances to sell them for something when you need to upgrade and so on. Oh, plus nowadays you'll need to pay a premium to get out of the SMR doghouse, while with the large drives it just comes with the size.
In short just take one very large drive and wait for more money or increase (not much) the budget and get a similar one too. Or two of the medium-large-size. I'm sure you want 5 for redundancy, but this way you can do real backups (or even if you do RAID1 it'll be WAY safer than RAID5). No matter if you're losing "only" 20% with RAID5 versus 50% with RAID1 (or backups, much more recommended) it's probably more likely you can do 2x16TB in $300 than 5x4TBs (let's say either for 16TB usable). And better all around.
Thanks for your response and that's kind of what I was fearing.
With that said...yeah I do have a RAID 5 array and that's really the main reason why I want 5x$60 drives, just drop in replacement and copy back the data. I understand RAID 1 would be safer, but it won't be as fast and sacrifice too much drive in the name of redundancy. I enjoy the balance of read speed, redundancy, and array size of RAID 5 and it's been working well for my purposes.
Just do raidz1 across 3 drives. 10tb drives are probably what you want in that case. That said I'm just upgrading to a single 20tb instead of another array, you might consider doing the same and expanding later
ahem RAID is not backup