Scaling PostgreSQL for Cheap: Introducing Tiered Storage in Timescale` introduces a new storage architecture, `Tiered Storage`, designed to enable infinite, low-cost scalability for time series and analytical databases in the Timescale platform. This multi-tiered storage system allows developers to store older, infrequently accessed data in a low-cost storage tier while still maintaining performance for frequently accessed data. The high-performance storage tier is optimized for fast queries and high ingests, while the low-cost storage tier uses Amazon S3 with a flat price of $0.021 per GB/month. This architecture eliminates storage limitations and provides transparent, cost-effective data management without sacrificing performance. It also offers savings through compression and no extra charges for queries or data reads. With Tiered Storage, developers can scale their large PostgreSQL databases in AWS without compromising performance, making it a great solution for storing historical data at an affordable price.