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What is Wasabi doing different where they're able to outprice B2, and get better throughput?

I'm guessing you work at Wasabi and already know :)

Just looking at the pricing pages, pure storage is cheaper at B2, but the API calls and egress are not free.

No I don't. I'm genuinely curious how they might be saving money.

Wasabi has a minimum retention time of 3 months. So if you create a 1GB bucket and delete it 5 minutes later you still pay for it for 3 months.