I would like to create an auto scaling group [ASG] with spot instances as a supplement to my production ASG that has on-demand instances.
After reading this post , I would like to mimic it but maybe without the dynamic bidding and auto-scaling at first.
So, I was wondering , if I just set the bid price for the spot instances equal to the on-demand price of the instance I use [m3.large] , would I be paying the lowest bid price [for that instance, in the region, in that hour] ??
So if the spot price is $0.01 and my max bid in the ASG is $0.067 , I would be paying $0.01 for every spot instance the ASG launches, right?? [That is what I understood from the AWS docs but I would like a confirmation]
And finally, by this kind of thinking [that I suppose I am not the only one to have] do I drive the spot instance prices up ?