Help choosing a Low Power high capacity NAS for media storage

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After a hard drive failure in my PC I'm looking for a way to offload my media to free up HDD space in my PC so I can add redundancy. I have about 6TB of media at the moment, and would like space to expand over time.

What I'm looking for:
  • Decent redundant capacity (4*3TB+ drives in raid5?).
  • Low power drain, less impact on my electric bill the better!
  • Doesn't have to be a media server, just acting as storage is fine. Can use my PC as transcoder if needed. Ability to use PLEX server wouldn't hurt though.
  • Low price. Not looking for economy options, just not looking to go wild either.

From what I've read here the HP Proliant Gen8 looks like a good bet for my requirements, and a bunch of WD green drives perhaps. This should be cheaper than most of the 4 bay NAS options around, can you implement a 4 drive RAID5 on this server?

Before I go any further am I on remotely the right track or is there something else that would be more suitable? I see a gen8 for £185, would that + HDDs be all I need or are there other purchases to include?

Many thanks for any help!
 
Thanks for the suggestions and advice, the red>green tip is very helpful!

I wasn't looking for performance gain from RAID5, the goal was least lost storage space. I'm changing my mind on RAID however, the amount of media I have makes it quite expensive, and losing a few movies isn't the end of the world.

I'm currently considering the HP Gen8 with 2 WD Red 4TBs non raided, giving me a little expansion from my 6TB of media without too much cost. Is there anything else I might need to make this all work?

Thanks!
 
And finally, I use VMWare ESXi on my Microserver. I have my Plex media server on an Ubuntu VM and it works brilliantly.
I run the NL40, but the Gen8 looks like it's completely supported in ESXi, it's an option I would seriously consider as it gives a great deal of flexibility.

Hi Little_Crow, could you please explain a little more how this works as using the Gen8 as a plex server could be a nice addition :)
 
Thanks :) Think I've got it. Server's in the post, let's hope I don't screw this up too badly!

At what point should I install BIOS updates, the downloads on HP suggest that you need to have the OS in place beforehand.
 
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