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Re:Farewell to the Era of Cheap EC2 Spot Instances by sokoloff on Friday May 05, 2023 @05:38PM (#35835439)
If an instance on-demand is $1.00/hr and the spot rate is usually $0.30/hr, it might make sense to bid $1.25/hr (or $1.26/he) if you didn’t want to get pre-emoted.

Most hours, you’d pay something close to $0.30/hr. Some hours, you’d pay over a $1.00/he, but you’d save money overall against on-demand.

(This ignores Reserved Instances and Savings Plans.)

Re:Farewell to the Era of Cheap EC2 Spot Instances by alien_ on Tuesday May 09, 2023 @10:09AM (#35874546)
This is no longer the case since 2018, see my comment above.