Today Amazon introduced "reserved instance" pricing for users who tend to run long lived instances.
The usual pricing for a small instance is $0.10 per cpu-hour, which works out to about $73/month if you keep your instance alive 24x7.
With the reserved pricing you can pay a fixed amount for a term of 1 year or 3 years and get a reduced hourly usage rate of $.03 per cpu-hour For 1 year the up front fee is $325, for 3 years it's $500.
If you run your instance all… Continue
Posted on March 12, 2009 at 11:42am — 4 Comments