What are the differences between EC2 Spot Instances and Reserved Instances?
An example of an AI chatbot conversation about EC2 Spot Instances vs Reserved Instances.
What are the differences between EC2 Spot Instances and Reserved Instances?
EC2 Spot Instances allow you to bid on unused EC2 capacity at a lower price, while Reserved Instances provide a discount for committing to a specific instance type for a term.
Which option is more cost-effective for long-term projects?
For long-term projects, Reserved Instances are generally more cost-effective as they offer significant savings over on-demand pricing.
Are there any risks associated with using Spot Instances?
Yes, Spot Instances can be interrupted by AWS if the spot price exceeds your bid, which can lead to potential downtime.
Can I combine both types of instances in my architecture?
Absolutely! Many users combine both Spot and Reserved Instances to optimize costs and ensure availability.
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