What are Spot Instances in AWS?

Spot Instances are a cost-effective solutions when consistent uptime of the instances is not an issue and continuous processing is not required.

Ram
February 19, 2022
Interview Q&A

Spot Instances are a cost-effective solutions when consistent uptime of the instances is not an issue and continuous processing is not required
A Spot Instance is an instance that uses spare EC2 capacity that is available for less than the On-Demand price.
Spot Instance runs whenever capacity is available and the maximum price per hour for our request exceeds the hourly price for a Spot Instance, also called as Spot Price.
Amazon EC2 terminates, stops, or hibernates the Spot Instance when Amazon EC2 needs the capacity back or the Spot price exceeds the maximum price for the request.
It provides a Spot Instance interruption notice, which gives the instance a two-minute warning before it is interrupted.
Spot Instances are ideal for – Batch Jobs, Optional Tasks, Data Analysis, CI/CD servers, Background processing etc.
Spot Instances are generally offered with upto 90% discount off the on-demand price

Ram

I'm a full-stack developer and a software enthusiast who likes to play around with cloud and tech stack out of curiosity. You can connect with me on Medium, Twitter or LinkedIn.