Inficloud offers Spot Instance, which is unused compute capacity that you can bid on. Your Spot Instance will be commissioned as long as your bid price exceeds the current Spot Price. Spot price is based on Instance type and the Availability zone in which the Instance can be provisioned.
Inficloud Spot Instance is available on an hourly basis at very low cost compared to an On-Demand Instance. The same set of features of On-Demand Instance are available for Spot Instance. The usage of Spot Instances can play a key role in reducing your cloud costs. For example, Spot Instances are very useful in both batch processing and high-performance clusters, as well as web server fleets with variable workloads. You can use Spot Instances for application runs such as testing, image processing, web crawling and batch processing. The reserve price differs for each flavor and will be determined by Inficloud.
From a compute resource point of view Spot Instances is similar to On-Demand Instances. Spot Instances can be terminated when you no longer need them. When you terminate your Spot Instance, you pay for any partial hour used. Meaning the usage time is rounded off to the nearest hour.
If your Spot Instance is terminated by Inficloud service for the following reasons, increase in bid price or shortage of resource, then you will not charged for any partial hours of use.
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