A NAS doesn't need to have powerful specs. Serving images is a very simple task. Any background processing jobs are just that, background.
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Yeah I'm not a big fan of NAS's. I agree they're a bit of a ripoff, you're paying for convenience. The only reason to go with a NAS imo is if you're unable and unwilling to learn to use linux. Raspi4 are pretty cheap, 4gb model is like $55 iirc. If you're paying more you're probably getting ripped off. It's definitely going to be lower power usage than a NUC or mini PC. But maybe you can find a cheap used one.
But since you're only hosting photos, pretty much anything should work.
I don't know why the Pi is so expensive where I live. It is like $200 USD equivalent.
I think they've been dealing with some chip shortage stuff for a while now. It seems really hard to just get a plain board with no other stuff that bumps the price up past $100.
The last rPi I bought was all of $40. I thought it was a bargain for the specs.
I wish I can find them for that much. They cost way more where I live
RPis are under powered for rendering and sorting a massive photo library. Take a look at Unraid (if you're not technical) or TrueNAS SCALE (if you are technical). With the former you can run that on pretty much any second hand hardware, the latter will take some planning.