“I suppose the question needs to be asked: why are there still hard drives?”
$$$$$$$$$$$$$$$$$$$$$$$$$
That and a lot of people buy storage by the terabyte.
I have 3 terabytes spinning in the basement as a personal cloud server and probably twice that in backups and less essential stuff stuck in the fire safe.
I must be getting old (I am ....) the first Data Center I managed had less than 3TB of storage across several very physically large Storage Array's.
I have more storage spinning at home now (10TB) than the first three data centers I managed back in the late 80's -- combined.
The Bank I work for now purchases storage in Petabytes. I couldn't tell you how many Petabytes we have -- online -- much less archived off. It's just incredible how storage keeps growing, and growing, and growing.
I personally just "back up" my stuff to a HDD, label it, remove it, and put it on the shelf if I ever need it again. The cost per TB is just so cheap now that it's the easiest and cheapest way for me to do backups anymore.
When I need something off one of those drives, I just slide it into my XDrive SATA external docking device and copy it off. Easy peasy.