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Setting up a hosting rig?

I have a smorgasbord of ~40 SATA hard drives. (Mostly 1-2 TB)I want to put the HDs to work and start hosting. Are there build recommendations posted anywhere? Am I gonna be able to get away with 16 GB of RAM or is it gonna have to be 32 GB? How CPU intensive is hosting? Do people just use motherboards with large number of SATA ports or do they use PCI host bus adapters?
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