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Cloud costs are in a bubble

the-investing-desk.com

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Re: Cloud costs are in a bubble

#2
Hard to confirm the article and the tweet. The author should provide the exact details and operations for someone to replicate and verify, or at least do the math.

The mongodb pricing page says one can setup a M10 instance for $57/month. [https://www.mongodb.com/pricing]

Racking up a $2500/day bill is several of magnitudes off - there’s nothing in the article to help put the workload in context.

I have zero interest in mongodb, as a stock or a technology, but this article doesn’t help to actually determine anything about cloud costs. (Lack of data points, irreproducible method and conclusion)

Re: Cloud costs are in a bubble

#4
post #2

Hard to confirm the article and the tweet. The author should provide the exact details and operations for someone to replicate and verify, or at least do the math. The mongodb pricing page says one can setup a M10 instance for $57/month. [ https://www.mongodb.com/pricing ] Racking up a $2500/day bill is several of magnitudes off - there’s nothing in the article to help put the workload in context. I have zero interes…

I did manage to approach his costs by running a sharded cluster with our largest configuration (M600 nodes with 640GB RAM. 4TB storage and 3.8m IOPS).

That is priced quite clearly on the bottom page at 102.49 USD an hour.

Re: Cloud costs are in a bubble

#5
The most valuable information for the average HN reader, especially younger colleagues who have only been in the workforce for the last decade, is that the ~70% gross margins of the hyperscalers, and by extension the $300k+ salaries for early career software developers, has been fueled by a temporary era of low central bank interest rates and an excess of VC capital. This era is almost certainly coming to a close. We should all be planning accordingly with respect to personal finance and especially be smart about getting locked into high mortgage payments.

Re: Cloud costs are in a bubble

#6
post #2

Hard to confirm the article and the tweet. The author should provide the exact details and operations for someone to replicate and verify, or at least do the math. The mongodb pricing page says one can setup a M10 instance for $57/month. [ https://www.mongodb.com/pricing ] Racking up a $2500/day bill is several of magnitudes off - there’s nothing in the article to help put the workload in context. I have zero interes…

Author here.

I used the "Serverless" product, not the "Dedicated" product. That's the gap you see here.

But your point is important, I'll add it to the post. Thank you.

Re: Cloud costs are in a bubble

#7
post #5

The most valuable information for the average HN reader, especially younger colleagues who have only been in the workforce for the last decade, is that the ~70% gross margins of the hyperscalers, and by extension the $300k+ salaries for early career software developers, has been fueled by a temporary era of low central bank interest rates and an excess of VC capital. This era is almost certainly coming to a close. We…

That's the most important post HN may see today, for a lot of people. Hope for the best, prepare for the worst.

Re: Cloud costs are in a bubble

#8
Why are people still using Mongo when you can just set up a jsonb column in Postgres now?

Is this just legacy applications that are stuck with Mongo? Certainly nobody is starting new projects on Mongo?

Serious question.

Re: Cloud costs are in a bubble

#9
post #8

Why are people still using Mongo when you can just set up a jsonb column in Postgres now? Is this just legacy applications that are stuck with Mongo? Certainly nobody is starting new projects on Mongo? Serious question.

It has great performance characteristics for the use cases it’s best at.

Re: Cloud costs are in a bubble

#10
post #8

Why are people still using Mongo when you can just set up a jsonb column in Postgres now? Is this just legacy applications that are stuck with Mongo? Certainly nobody is starting new projects on Mongo? Serious question.

It's easier to setup a mongo HA cluster?

Having used both, I personally would never choose mongo over Postgres, there are just too many conveniences Postgres offers that are a pain with Mongo.

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