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.
Could someone a little more familiar with buying their own hardware tell me how much hardware equivalent to a c5.12xlarge (48 cores, 96 GB) would cost? 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.