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mludvig / aws-ethereum-miner

CloudFormation template for mining Ethereum crypto currency on AWS
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Instance type #45

Closed hermitico closed 2 years ago

hermitico commented 2 years ago

Hi Michael,

I was wondering if it would make sense to use a 3-yr ISP Effective Hourly (Linux) plan, which can be cheaper. If so, can you set that option as a parameter?

Thanks

mludvig commented 2 years ago

Reserved instances are just a billing construct, not something that you set when creating the instance. To use RI start up the instances as on-demand and then in the Reserved instances console page buy the 3yr plan.

You may be better off setting up a Compute Saving Plan rather then a Reserved Instance as it offers more flexibility to switch between different instance types.

https://aws.amazon.com/savingsplans/compute-pricing/