This document discusses how HDFS tiered storage can be used to reduce storage costs by 5x. It introduces the new HDFS storage model that supports multiple storage types like ARCHIVE, DISK, SSD, and RAM_DISK. Block storage policies like HOT, WARM, and COLD can be defined to control where blocks are stored. eBay uses HDFS tiered storage to archive older data to cheaper ARCHIVE nodes, analyzing access patterns to define archival policies. Data is moved between storage types using the HDFS mover tool while maintaining replication and rack requirements.