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There are fleets of cable ships all over the world who are paid a retainer to repair breaks. When losses are calculated in tens of thousands of dollars a second
by aristus 15y ago
There are fleets of cable ships all over the world who are paid a retainer to repair breaks. When losses are calculated in tens of thousands of dollars a second (edit thousands per minute) it's worth it. On the off time they pull up and scrap defunct cables, as they can be a hazard to shipping traffic (think anchors).
- moe 15y agotens of thousands of dollars a second That seems a little on the high side. A cable break is expensive, but not 1 billion dollar/day expensive.
- justincormack 15y agoNo, not if it only costs $1.5bn to install one.