Bonus points, store meta data about the hash algorithm. That way if you ever need to change it in the future due to a weakness in the algorithm you can validate the password against old metadata and rehash with new metadata and update the record.
Don’t forget this is a largely one time cost vs Aurora, which scales cost with usage.
Also they said their current volume is around 13k/second. They’ve built the new platform for 30k/sec per node. This should last them a long time with minimal maintenance.