What is the best way to convert latitude/longitudes into a street address at a high scale in batch?

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The existing questions are related to real-time needs; the answers are API-based solutions. These solutions are not well suited to do a large batch task.

This solution suggests caching google results for a short time:

Is there a better solution? If there is not a good open-source dataset available for this then do you know of a good paid service?

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Open Street Map has the Nominatim database which might do what you need.