Ask HN: Lots of AWS credits expiring soon, ideas?
Hey HN,
Long story short I have a lot (~$10K) of AWS credits expiring in a few months. Any ideas on the best way to make money / do some good with those? I can't directly sell them. Thanks!
Long story short I have a lot (~$10K) of AWS credits expiring in a few months. Any ideas on the best way to make money / do some good with those? I can't directly sell them. Thanks!
97 comments
[ 2.0 ms ] story [ 49.6 ms ] threadI wish there were more mirrors to wikipedia dumps but not sure if few months make a difference https://meta.wikimedia.org/wiki/Mirroring_Wikimedia_project_...
https://www.livescience.com/record-number-of-pi-digits.html
108 days on a 2021 supercomputer is a lot more compute than $10k.
https://cloud.google.com/blog/products/compute/calculating-1...
Did some digging and the answer is "apparently not": https://foldingathome.org/2020/12/08/protein-folding-and-rel...
While Folding@Home has some mindshare among techies of a certain age, I suspect it's no longer practical given the wide availability of much higher performance cloud computing, and I don't think it has ever been cost effective. I suspect it needs reevaluating in the modern era. The last time I was looking at the project at all seriously was in ~2006 I think.
Source, https://en.m.wikipedia.org/wiki/Folding@home
My metaphor falls apart if those 10,000 dollars of AWS credits are all coming from green energy, though
Just mix it 50/50 with fresh fuel and you're good to use it anywhere.
If you run it through AWS Montreal the energy is 100% hydro, so if they did care about that, it's possible to avoid.
That is more or less correct.
Machines that aren't running anything are powered off to save money. so if you spend $10k in credits running a bunch of useless compute, that more or less converts into say $3k of wasted electricity (if we say 30% of AWS running costs are electricity, i just made that up, but it will be some non negligible percentage)
So basically there may be a few servers difference. So we are talking like a few kws, which is basically like 40 cents power wise using 4 cents a kwh.
If that’s too complicated, find some open source AI project that needs compute. RWKV. OpenAssistant, or something like that.
Any chance you'd be able to help run some evaluations?
[1] https://github.com/the-crypt-keeper/can-ai-code
Ie be a science benefactor
I don't need them, I have actually accrued a large collection of credits myself for the program. But another university may not be as fortunate, so this can be a huge help and be the difference in many research projects being completed or not. Overall, research benefits everybody, so this is a better use of the credits than using it to middle-finger Bezos that many comments are suggesting.
Especially because credits are more beneficial and needed than ever before right now. I can tell you from being in academia that they are pushing almost all research projects to find AI/ML angles on everything we do. Thats the type of research in demand right now by the major journals and publications so all the universities are pushing for this twist on all current research projects to improve the likelihood of being published. And as you know, doing anything with AI/ML can 10x - 100x the cost. So credits are more valued right now than ever before.
Personally I would look into standing up one of the popular AI models like stable diffusion and running a paid service on it.
IIUC these credits aren’t transferable so you’d have to set them up with access to an AWS sub account attached to your credit card. Last time I used AWS personally (it’s been a while) there was no way to limit spending in a subaccount.
Giving someone access to your account to burn through exactly $10k in credits where you are on the hook sounds… financially dangerous.
Am I missing something? Is there a way to make sure they only spend the $10k in credits and not a penny more?
Unless AWS doesn't allow those.