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Hey guys, I'm currently taking Cloud Guru's SAA course and just had a lecture on EC2 Spot Pricing.
I was just curious - let's say you want to provision some EC2 instances for a critical, uninterruptible workload, but don't want to reserve capacity but still want to save money. Could you not just deploy EC2 Spot instances, but just set the maximum price to the On-Demand price? I imagine the Spot price never jumps above the On-Demand price so the instances would never automatically terminate, and if you wanted to be super safe you could just add a Spot Block. This would result in what is effectively an On-Demand instance with a constant but variable discount, right? Are there any cons to doing this?
Hi all I am working on some ML stuff, and was asked to use spot instances for all my work. I am not a cloud expert, so can’t optimise. But I found that I paid 3k for a day when I was working on some data analysis part.
How can I reduce my cost here? Do I work locally?