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How are stopping and terminating an instance different from each other?

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When we stop an instance what happens is that the storage is detached from the server and that server is basically given back to AWS but when we terminate an instance the storage is erased and it’s given back to AWS along with the server, so in terms of pricing if you stop a server then you are only charged for the storage but when you terminate a server you are not charged for anything and the server goes out.

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