Amazon Introduces Bidding For EC2 Compute Time

Amazon Introduces Bidding For EC2 Compute Time 52

Posted by kdawson on Monday December 14, 2009 @10:55PM from the if-you-haven't-got-a-penny-a-ha'penny-will-do dept.

ryanvm alerts us to Amazon's beta announcement this morning for what it is calling Spot Instances, which represent a name-your-own-price way of using the elastic compute service. Here is Amazon's documentation on the feature. "For customers with flexibility in when their applications can run, Spot Instances can significantly lower their Amazon EC2 costs. Additionally, Spot Instances can provide access to large amounts of additional capacity for applications with urgent needs." Customers can use the EC2 API to see recent spot prices.

Amazon Introduces Bidding For EC2 Compute Time

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Re:Brilliant market for surplus (Score:5, Funny)

by Chuck Chunder ( 21021 ) writes: on Tuesday December 15, 2009 @01:45AM (#30440834) Journal

Since an EC2 server not running an EC2 instance is literally burning cash for Amazon
I know the USD has been slipping but surely grid electricity is still a cheaper source of energy then using your own greenback powered generator?

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Amazon Introduces Bidding For EC2 Compute Time 52

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Amazon Introduces Bidding For EC2 Compute Time

Re:Brilliant market for surplus (Score:5, Funny)

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