3 ms·
That's why spot pricing exists. It's basically an auction market. You set your max price to bid on instances, and will get them as long nobody else bids higher
by jiggawatts 4y ago
That's why spot pricing exists.
It's basically an auction market. You set your max price to bid on instances, and will get them as long nobody else bids higher.
- superchink 4y agoThis used to be true. As of 2017 or 2018, it is no longer a bidding system, but a published price that AWS offers based on capacity. More details here: https://aws.amazon.com/blogs/compute/new-amazon-ec2-spot-pricing/ https://aws.amazon.com/blogs/compute/new-amazon-ec2-spot-pri...
- jiggawatts 4y agoIt's still a bidding system in some sense in Azure. You set your max price, up to the on-demand price, and then you'll get your VM... or not. If you do get the VM, you still don't pay the full price in most circumstances unless demand is very high.