Expanding the Cloud - Amazon EC2 Spot Instances

Expanding the Cloud - Amazon EC2 Spot InstancesDecember 13, 2009 • 1109 words Today we launched a new option for acquiring Amazon EC2 Compute resources: Spot Instances. Using this option, customers bid any price they like on unused Amazon EC2 capacity and run those instances for as long their bid exceeds the current "Spot Price." Spot Instances are ideal for tasks that can be flexible as to when t

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"# On-Demand Instances - On-Demand Instances let you pay for compute capacity by the hour with no long-term commitments or upfront payments. You can increase or decrease your compute capacity depending on the demands of your application and only pay the specified hourly rate for the instances you us