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Lowest cost setup for Owncast?
(beehaw.org)
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According to Owncast's documentation, object storage services can be used to distribute live streams to viewers, even though it's arguably an abuse of object storage for streaming.
The latency for that is probably horrible, but if that works for you use case, and the fees seems reasonable to you.
Object storage is usually cheap, but the API calls and bandwidth cost tends to add up, at least on AWS. At work we have Cloudflare in front anywah because the storage is cheap but continuously serving files from it gets expensive.