Aspects of the technology described herein can facilitate computing on transient resources. An exemplary computing device may use a task scheduler to access information of a computational task and instability information of a transient resource. Moreover, the task scheduler can schedule the computational task to use the transient resource based at least in part on the rate of data size reduction of the computational task. Further, a checkpointing scheduler in the exemplary computing device can determine a checkpointing plan for the computational task based at least in part on a recomputation cost associated with the instability information of the transient resource. Resultantly, the overall utilization rate of computing resources is improved by effectively utilizing transient resources.