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AWS EC2 General Price Cut

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Re: AWS EC2 General Price Cut

#61
post #55

Earlier quoted context omitted.

this. the only way I can make profit with my web service is by using a third party low budget CDN as a caching layer. Even with that, S3 data transfer remains my biggest cost. if I could spare the time, I'd make a custom caching layer so that S3 is never hit at all except for upload, and is used only for disaster recovery.

Sounds like you just had a million dollar idea. Why not build it out and offer it to the many many other people in your position?

unfortunately my current and income-giving project takes priority. but if someone else makes it, I'll use it for sure.

Re: AWS EC2 General Price Cut

#62

Are they still extorting customers by price gouging bandwidth? Maybe one day I’ll wake up to news they’ve decided to charge for capacity instead of transfer.

Actually, I do genuinely wonder if some day this will be seen as anticompetitive behavior (a form of lock-in via higher than reasonable egress fees).

I thought anticompetitive behavior was the exact opposite of price gouging. You sell below cost to put your competitors out of business. Evidently AWS isn't doing that with bandwidth.

Re: AWS EC2 General Price Cut

#63
post #12

Are they still extorting customers by price gouging bandwidth? Maybe one day I’ll wake up to news they’ve decided to charge for capacity instead of transfer.

> Are they still extorting customers... 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 vol…

   220 pan.alephnull.com dictd 1.12.1/rf on Linux 4.4.0-1-amd64  
   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"

Re: AWS EC2 General Price Cut

#64
post #9

PR speak aside, it looks like they are trying to get people to switch to certain regions, perhaps which are not popular with lot of idle machines? The popular locations like Oregon and Virginia don't have much discounts to offer.

Makes sense, trying to mixmax their load by adjusting pricing for people who care less about region and more about cost.

Re: AWS EC2 General Price Cut

#65

Earlier quoted context omitted.

this. the only way I can make profit with my web service is by using a third party low budget CDN as a caching layer. Even with that, S3 data transfer remains my biggest cost. if I could spare the time, I'd make a custom caching layer so that S3 is never hit at all except for upload, and is used only for disaster recovery.

Backblaze B2 is what you’re looking for.

those prices are certainly nicer!

Re: AWS EC2 General Price Cut

#66
Buying your own Physical hardware is so cheap now its crazy. A commodity Ryzen 16 vCPU box is about the same price as 2 months rent on EC2.

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.

Re: AWS EC2 General Price Cut

#67

AWS and EC2 is probably a pretty good deal for high CPU, hi IO within the cloud, but very low IO egress. Monte Carlo simulations? PDE computations?

This raises a good point. Would anyone be willing to give some examples of use cases where egress to cloudfront or ec2 isn't viable? Most useful computations I can think of involve consuming large amounts of data and simplifying it to some easily digestible result. Media streaming is the first and only example that comes to mind, but I'm sure there must be others.

Re: AWS EC2 General Price Cut

#68
post #9

PR speak aside, it looks like they are trying to get people to switch to certain regions, perhaps which are not popular with lot of idle machines? The popular locations like Oregon and Virginia don't have much discounts to offer.

for the US regions, california is already ~25% more expensive, so this just reduces the difference

Re: AWS EC2 General Price Cut

#69

I'm waiting for the day they announce bandwidth price cuts

this. the only way I can make profit with my web service is by using a third party low budget CDN as a caching layer. Even with that, S3 data transfer remains my biggest cost. if I could spare the time, I'd make a custom caching layer so that S3 is never hit at all except for upload, and is used only for disaster recovery.

I haven't done the math, but depending on your bandwidth requirements - you could try spinning up a couple vms at DigitalOcean/Linode/somewhere with bundled bandwidth, and then just run nginx as a cache with s3 as the backend.

Re: AWS EC2 General Price Cut

#70
post #62

Earlier quoted context omitted.

Actually, I do genuinely wonder if some day this will be seen as anticompetitive behavior (a form of lock-in via higher than reasonable egress fees).

I thought anticompetitive behavior was the exact opposite of price gouging. You sell below cost to put your competitors out of business. Evidently AWS isn't doing that with bandwidth.

If you price lower than your competitors it is anti-competitive dumping.

If you price higher than your competitors, it is monopolistic gouging.

If you price the same as your competitors, it is price-fixing.

No matter what price someone selects, they are guilty of something.

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