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Re:Ask HN: Rent servers with slow CPU, low mem, cheap bandwi... by wanghq on Sunday June 23, 2013 @03:17PM (#5928965)
Do you really need a server? You can launch a more powerful EC2 instance (EBS backed), upload your data, and stop the instance (alternatively you can create a snapshot and terminate the instance). Next time when you need the backup or back up more data, just start the instance. You pay the full price of storage and data transfer, but not the CPU. If your other servers are within AWS, you even don't need to pay for the data transfer.
Re:Ask HN: Rent servers with slow CPU, low mem, cheap bandwi... by eip on Sunday June 23, 2013 @04:41PM (#5929360)
5TB of storage on AWS would cost >$500/month.

You could buy a server and colocate it for less than that.

Re:Ask HN: Rent servers with slow CPU, low mem, cheap bandwi... by wanghq on Monday June 24, 2013 @01:39AM (#5931226)
You're right. That's a lot if OP really needs 5TB of storage. It's still an option if OP begins with less storage.