Since Apple has dropped support for installing on/upgrading of (and soon booting of) a RAID drive, I have — before installing High Sierra — changed my setup from a dual 500GB SSD in a mirror RAID to a setup where one disk is boot and the other is a time machine of that boot (apart from that I use another backup solution to backup this externally, which I already had when I was using RAID).
Here is the diskutil output (I wonder, btw, why the boot disk is only 465GB as reported by df, where is the other 34GB? And what is VM?):
dumbledore:~ sysbh$ diskutil list
/dev/disk0 (internal, physical):
#: TYPE NAME SIZE IDENTIFIER
0: GUID_partition_scheme *500.1 GB disk0
1: EFI EFI 209.7 MB disk0s1
2: Apple_APFS Container disk2 499.9 GB disk0s2
/dev/disk1 (internal, physical):
#: TYPE NAME SIZE IDENTIFIER
0: GUID_partition_scheme *500.1 GB disk1
1: EFI EFI 209.7 MB disk1s1
2: Apple_CoreStorage DumbledoreTimeMachine 499.8 GB disk1s2
3: Apple_Boot Boot OS X 134.2 MB disk1s3
/dev/disk2 (synthesized):
#: TYPE NAME SIZE IDENTIFIER
0: APFS Container Scheme - +499.9 GB disk2
Physical Store disk0s2
1: APFS Volume DumbledoreRoot 262.8 GB disk2s1
2: APFS Volume Preboot 19.6 MB disk2s2
3: APFS Volume Recovery 516.1 MB disk2s3
4: APFS Volume VM 24.6 KB disk2s4
/dev/disk3 (external, physical):
#: TYPE NAME SIZE IDENTIFIER
0: GUID_partition_scheme *2.0 TB disk3
1: EFI EFI 209.7 MB disk3s1
2: Apple_HFS RNAStore1 2.0 TB disk3s2
/dev/disk4 (internal, virtual):
#: TYPE NAME SIZE IDENTIFIER
0: Apple_HFS DumbledoreTimeMachine +499.4 GB disk4
Logical Volume on disk1s2
48EFF1CC-91F9-493D-BE61-2284194BDC93
Unlocked Encrypted
The Time Machine disk contains my Time Machine backup of my boot disk. But the local snapshots are created on the actual disk that is being backed up using APFS block deduplication. These do not take up room, unless the file system changes a lot within 24 hours (I think it keeps one every hour). The problem seems to me that the local snapshots are superfluous when Time Machine is running continuously (as it does, because the target is an internal disk).