To build moosgummi's answer, AWS allows a wide range of device block names to be used. See Related Documentation here in the โSpecifying Block Device Displayโ section.
http://docs.aws.amazon.com/AWSEC2/latest/UserGuide/block-device-mapping-concepts.html
The mount point of the EBS volume should start with / dev /, and then indicate โhdโ or โsdโ (2), then from a to z (26), and then from 1 to 15 or without a number (16). These options give 2 x 26 x 16 = 832 name options . (More than moosgummi suggested 24.) But be careful to avoid conflicts with the root device (sda1) or other default values โโ(sda [1-15]).
Device Name Limitations is the only limitation that I know about the total number of EBS volumes mounted. But I have never tried more than a few times.
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