News for hackers. Stuff that matters.
Re:Developer Preview – EC2 Instances with Programmable Hardware by tener on Wednesday November 30, 2016 @02:43PM (#13073965)
Perhaps not for the entire time, but bear in mind that the prices of cryptocurrencies fluctuate and you can spin up the VMs when it is profitable and shut them down when it isn't.
Re:Developer Preview – EC2 Instances with Programmable Hardware by nkkar on Wednesday November 30, 2016 @03:05PM (#13074217)
Would this mean that the currency would never fluctuate below that price point?
Re:Developer Preview – EC2 Instances with Programmable Hardware by ThrustVectoring on Wednesday November 30, 2016 @03:47PM (#13074547)
It's a price ceiling, not a floor. If prices go up high enough, it's worth turning on EC2 instances and paying for them with the mined cryptocurrency until prices fall. There's some wiggle room above the break-even point, since there is some delay between turning on miners receiving USD, and the miner has to eat that risk.
Re:Developer Preview – EC2 Instances with Programmable Hardware by nkkar on Thursday December 01, 2016 @11:27AM (#13080581)
Ah, yes, that makes sense, thank you!
Re:Developer Preview – EC2 Instances with Programmable Hardware by ktta on Wednesday November 30, 2016 @03:27PM (#13074399)
not if you have a free-fall dump going on. This happens when investors lose hope in the long term future