I get maintenance, electricity and bandwidth isn't free but I honestly thought cloud server prices would be much lower by now. No wonder AWS is making huge profits.
Of course these don’t scale dynamically. And you don’t just create copied of the servers. And they don’t have 100 security certifications like Azure/AWS. And no data centers in every jurisdiction.
As I've mentioned in another post, Hetzner also sells for less than 50€/month dedicated hosts with 64GB of RAM running an Intel i7 6700 professor (4 cores, 8threads).
With that you also get unlimited network traffic over a dedicated 1Gb connection.
It is called service for a reason.
Even when compared with other cloud providers, AWS is super expensive.
The only interesting service that AWS provides is the ability to host your services globally through multiple availability zones, but unless you need to provide a global service with low latency everywhere in the globe then that's just not worth the time and money.
Some companies are making billions of dollars, that’s why we see so much content about the cloud and very few about building your own cloud with dedicated providers, which by the way handle electricity, network and basic hardware maintenance for pennies compared to cloud guys. They even have some basic managed services like backups, S3-compatible storage etc. these days.
Spot prices are around $0.80/hr, which puts total compute cost at $7k/yr.
On demand is $2.04/hr ($17k/yr), reserved is 1.20/hr ($10k/yr).
Our typical buy - 2 socket intel cascade lake Xeon Gold 6256(12 Cores, 24 threads) with 768 GiB of RDIMM costs us approx. 70000 DKK or $10200.
The biggest cost here is memory. Just to give you an idea.
Here's an eBay listing for 2 machines with similar CPU config for 400+shipping: https://www.ebay.com/itm/INTEL-COMPUTER-48-CORE-DUAL-XEON-24...
Buyer be wear but there are deals to be had. That said purchasing the hardware is step one. Setting up PXE, network storage, cluster mgmt, recycling and upgrade, etc is a full time job passed a specific scale.
This should absolutely demolish the c5.12xlarge, especially if you need any disk IO or bandwidth.
Or from a different provider, a Dual Epyc 7281 (32 cores) with 256GB (and ssds, hdds and bandwith included) for $400/m.
You can get cheaper if you're willing to host in Europe. And this is dedicated, so no additional power or storage or maintenance cost. Stuff breaks, they replace it. Also, your commitment is 1 month.
1x ryzen 3990x with 64 cores(128 vcores) would be 4k € 1x a mainboard ~0,5k € 1x 128 GB RAM ~ 0,7k € Storage, whatever you need 0.5k case + power supply 0.3k
so 6k all around for a much higher perfomance pc...
a ryzen 24cores(48vcores) ~ 1k 1x a mainboard ~0,3k 1x 96GB Ram ~0,5k Storage, whatever you need 0.5k case + power supply 0.3k
so 2.6 k should be around the same in raw consumer hardware
So you can just get somewhere between 5 to 7 of those instances for the price you're paying for your single EC2 instance.
If you have a massive amount of data, you can always get AWS to transfer it to you via a Snowball for $30/TB + a $300 fee.
of course, AWS will play there too, but doesn't mean the overall ratios won't tilt towards the edge (although plenty of data "left" for the clouds since overall data will continue to grow).
That is a contradiction in terms.
According to the OED:
Extort means to "obtain (something) by force, threats, or other unfair means."
Customer means "a person or organization that buys goods or services from a store or business"
Thus, extortion is a coercive relationship--we call the target of extortion a victim, not a customer.
The relationship of a vendor and customer is voluntary.
But if they had changed the price after a customer became sufficiently invested in AWS, that would be using "unfair means", to obtain the customer's continued business.
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150 15 definitions retrieved
151 "Extortion" gcide "The Collaborative International Dictionary of English v.0.48"
Extortion \Ex*tor"tion\, n. [F. extorsion.]
1. The act of extorting; the act or practice of wresting
anything from a person by force, by threats, or by any
undue exercise of power; undue exaction; overcharge.
[1913 Webster]
2. (Law) The offense committed by an officer who corruptly
claims and takes, as his fee, money, or other thing of
value, that is not due, or more than is due, or before it
is due. --Abbott.
[1913 Webster]
3. That which is extorted or exacted by force.
Syn: Oppression; rapacity; exaction; overcharge.
[1913 Webster]
.
151 "extortion" wn "WordNet (r) 3.0 (2006)"
extortion
n 1: an exorbitant charge
2: unjust exaction (as by the misuse of authority); "the
extortion by dishonest officials of fees for performing their
sworn duty"
3: the felonious act of extorting money (as by threats of
violence)
.
"an exhorbitant charge"I know it is not Christmas yet but it would be great if those prices trend to marginal cost for the sake of innovation.
"You may not use Amazon Lightsail in a manner intended to avoid incurring data fees from other Services (e.g., proxying network traffic from Services to the public Internet or other destinations or excessive data processing through load balancing Services as described in the Documentation), and if you do, we may throttle or suspend your data services or suspend your account."
18% reductions for 1 year terms in Europe.
8% in mnt US region for 1 year term. No savings elsewhere.
Some prices reductions elsewhere in the world.
My 'back of the napkin' calculations indicate it would take very little time for it to pay for itself by purchasing your own NVIDIA GPU(s) and running them from a colo.
Especially if your requirements are for the instance(s) to run 24x7.
In the many years I've used cloud I've never requested support, so in my experience I don't need to calculate that in.
And even when you consider machine costs, as long as you can get at least 1 yr (not an unreasonable assumption) out of your equipment you're more than making up for what it would've cost in the cloud.
You can even buy Tesla V100s that power AWS accelerated instances.
The demand right now has also fallen dramatically even from regular customers.
https://www.tomshardware.com/news/coronavirus-motherboard-gr...
I often wonder why Hetzner dont expand internationally.
Monte Carlo simulations? PDE computations?
Noticed a huge 20% reduction in some other areas though...
https://cloud.google.com/blog/products/compute/google-comput...