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A comment on The Fed Is Down. Parent comment

Re:The Fed Is Down by toomuchtodo on Wednesday February 24, 2021 @03:07PM (#26255033)
Yes. That'd be quibbling over a few hours per year [1] in availability. No system can be expected to deliver 100% uptime.

I have associates involved in mortgage lending. Anyone who was waiting to close based on a wire was told to just reschedule for tomorrow.

[1] https://en.wikipedia.org/wiki/High_availability#Percentage_c...

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Re:The Fed Is Down by capableweb on Wednesday February 24, 2021 @04:10PM (#26255980)
> That'd be quibbling over a few hours per year

From your own source:

99% ("two nines") - Per Day - 14.40 minutes

99.9% ("three nines") - Per Day - 1.44 minutes

If you do multiple transfers per day, the difference is non negligible. Especially if you rely on it for critical transfers.

> No system can be expected to deliver 100% uptime.

Of course not, hence we're talking about the amount of nines, not if the uptime is perfect.

> Anyone who was waiting to close based on a wire was told to just reschedule for tomorrow.

Indeed, doesn't that suck? Why can't it finish in at least hours if not minutes?

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