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What Are Spot Instances? [Solved]

A Spot Instance is an instance that uses spare EC2 capacity that is available for less than the On-Demand price. Because Spot Instances enable you to request unused EC2 instances at steep discounts, you can lower your Amazon EC2 costs significantly. The hourly price for a Spot Instance is called a Spot price.

Amazon EC2 Spot Instances: Are you Spot Ready?

Learn more about Amazon EC2

Amazon EC2 Spot Instances

Amazon EC2

How AWS Spot Instances Work

If you enjoyed this video, here are additional resources to look at: Coursera + Duke Specialization: Building Cloud Computing …