brent thanks for this info, sorry to pester.
No worries. Sorry I was away for so long - making and canning some clam chowder.
I mount my NAS shares on /mnt. Such as /mnt/Backups/Linux, /mnt/Backups/Windows, etc.
So my backup location becomes /mnt/Backups/Linux/'hostname'
Note that I had to use regular single quotes in the above example, but in an actual working path, you'll want to use the "back quotes" that are under the tilde on the keyboard. Thus, if the backup was run on a workstation called "solus-4-1-budgie", the backup location would expand to be /mnt/Backups/Linux/solus-4-1-budgie
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The snapshot names look like: 1ab372620dae481543e9ef0e87a463949efa60945bdd7373b0f0024ccfbb939e, so I'm sure they're encrypted. The man page for restic probably has more details, although I admit I've never read it.
EDIT: And the snapshots are typically around 300 bytes, so I'm sure they're compressed. Or maybe the "snapshots" are just links to another data location.