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A French SDS company, now owned by OVH, did exactly that a few years ago : https://fr.slideshare.net/openio/openio-serverless-storage-7...

I don't think they actually sold any.

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I have seen some people build Ceph clusters using the HC2 board [1] before. I'm not sure what the performance is like, but it seems like a neat way to scale out storage. The only real shortcoming is that there's a single NIC... If there were two, you could use an HA stack for your network and have a very robust system for very cheap.

[1] https://www.hardkernel.com/shop/odroid-hc2-home-cloud-two/

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