If you want to Here is how you can move your entire library to a different storage, all you have to do is to :
move the entire library folder to a new location - for example: a different file server
update the Library Root in the library settings
...
to point to that new location on disk
The file paths in the database are saved relative to the Library Root - this means that the folder structure inside the library root folder has to stay the same. The database config can stay as it was before.