What are EC2 Spot Instances and how is their pricing determined?
EC2 Spot Instances are a cost-effective option for running applications on AWS. Their pricing is determined by supply and demand in the AWS marketplace.
How do I bid for Spot Instances?
You can set a maximum price you're willing to pay for Spot Instances. If the market price is below your bid, your instances will run.
What happens if my bid price is lower than the market price?
If your bid price is lower than the market price, your Spot Instances will not launch until the price drops below your bid.
Are there any risks associated with using Spot Instances?
Yes, the main risk is that AWS can terminate your Spot Instances if the market price exceeds your bid.
Can I use Spot Instances for production workloads?
Yes, but it's recommended to use them for flexible workloads that can tolerate interruptions.
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