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Hetzner launches s3-compatible object storage
(docs.hetzner.com)
This is a most excellent place for technology news and articles.
The storage cost of their S3 doesn't bother me that much. It's the bandwidth cost that makes me cringe.
Storage Cloud is backed up nightly, though as you say it has occasional downtime. I have Storage Box which is not backed up, but it's on raid 6, and so far I haven't heard of data losses with it
I'm not saying you're going to lose data or that it is a bad product. It's for a different use case.
I have a cluster of servers where storage box has been used for passing data between serves for batch processing. Not a lot of data but if it is not available, the while system is down. I learned the hard way. Plus they sometimes change IP addresses which is bad of you have a strict firewall.
But for backing up postgres and some other files, Storage Box is great value and it's not a problem at all if it's down for a few hours.