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What are the differences between spot instances and on-demand instances?

An example of an AI chatbot conversation about spot instances vs on-demand instances in cloud computing.

😀
You

What are the differences between spot instances and on-demand instances?

MagicBuddy
MagicBuddy

Spot instances are cheaper but can be terminated by the cloud provider, while on-demand instances are more expensive but stable.

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You

When should I use spot instances instead of on-demand?

MagicBuddy
MagicBuddy

Use spot instances for flexible workloads that can handle interruptions, like batch processing or testing.

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You

Are there any risks associated with using spot instances?

MagicBuddy
MagicBuddy

Yes, the main risk is that they can be terminated at any time if the provider needs the capacity back.

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You

How do I bid for spot instances?

MagicBuddy
MagicBuddy

You set a maximum price you're willing to pay, and if the spot price is below that, you can use the instance.

😀
You

Can I mix spot and on-demand instances in my architecture?

MagicBuddy
MagicBuddy

Absolutely! Many users combine both to optimize costs and ensure availability.

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