Posts tagged with Spot Instances

Spot instances a double-edged sword for EC2 customers

In late 2009, Amazon introduced a new way for AWS customers to purchase its Elastic Compute Cloud (EC2) service: spot instances.

Instead of buying an instance outright at a fixed price, the price of a spot instance is determined by supply and demand.

So long as your bid for the instance is above the current spot price, you have a fully functional Amazon EC2 instance at your disposal.

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