I'm going to say probably not, but depends on your use case.
Putting data on a blockchain is closer to a p2p system. You release it out in the wild and then have little direct control on it. For me, the primary driver of self hosting is taking ownership and control of my data and systems, where here you still primarily rely on other people's systems.
The systems you have Interacting with that data ? Maybe.
I think this kind of conversation always needs to highlight the use case/cost. Like, if you just want to cache some content that you could re-download, aren't attached too emotionally, and get a used hard drive for a steep discount? I'd say go for it. Especially since there are generally better chances of indicating failure with hdds.
SsDs have an annoying habit of just dying, at least on me. No warning and no chance of recovering data. Maybe there a good use case out there where you would be willing to run that risk, especially if they are cheap enough, but most of the ones I can think of I'd just grab a new drive anyway, would have to be a hell of a discount .