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Cost of 1 gigabyte of storage over time (lemmy.world)

submitted 3 days ago* (last edited 2 days ago) by [email protected] to c/[email protected]

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cross-posted from: https://lemmy.world/post/22872422

Screenshot of a Twitter post by user JonErlichman

Average cost for 1 gigabyte of storage:

45 years ago: $438,000 40 years ago: $238,000 35 years ago: $48,720 30 years ago: $5,152 25 years ago: $455 20 years ago: $5 15 years ago: $0.55 10 years ago: $0.05 5 years ago: $0.03 Today: $0.01

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[–] [email protected] 6 points 3 days ago

100% this.

I know for a fact that in 1999 (25 years ago) when I was running an ISP that Seagate Barracuda 4GB SCSI-2 Ultra Wide drives for example were costing $300/drive rounded; I used to buy hundreds of them. I have an old purchase order framed showing such and those were very much a premium drive back then.