1. what is EC2 pricing?
Amazon Elastic Compute Cloud (EC2) pricing operates primarily on a consumption-based model, shifting business from capital expenses (buying hardware) to operational expenses (paying for what is used). You are billed per second or per hour depending on the operating system and instance type.
EC2 costs depend on three main vectors: the purchase model you select, the instance type/size you provision, and hidden infrastructure costs like storage and data transfer.