3rd largest bank in the world offline for an entire day because a smoke alarm went off great job guys
More like 3rd largest bank in US
Tell HN: Wells Fargo completely offline
71–80 of 256 posts
Re: Tell HN: Wells Fargo completely offline
#72Re: Tell HN: Wells Fargo completely offline
#73I work at a place that just had a near 24 hour outage due to a frozen water pipe. Water!
Re: Tell HN: Wells Fargo completely offline
#74Earlier quoted context omitted.
Unfortunately they're the holders of my mortgage (it was sold twice and they ended up with it). So I don't even have a choice of being their customer for the next ~25 years.
A bank without redundancy is the best place to have your mortgage. Just hope that one day they forget about your debt.
Real talk...they own my mortgage, i cant just 'forget about it' if they forget about it. I want to refinance it. Of they lose all data on my debt like that ending to Fight Club... is the debt just...gone?
Re: Tell HN: Wells Fargo completely offline
#75for those who haven't taken the plunge, now is a good time to move to a credit union, regional bank, or online bank:
- for instance, in cali: https://www.golden1.com/
- high interest accounts: https://www.bankrate.com/banking/checking/best-checking-acco...
- good rate online bank: https://empower.me/
get better service, lower/no fees, and good convenience without all the economy-damaging selfishness and hubris.
Re: Tell HN: Wells Fargo completely offline
#76Earlier quoted context omitted.
Very funny, but you're describing a failure mode of bitcoin exchanges rather than the bitcoin network, which is not what the parent was talking about.
You need bitcoin exchanges for any kind of practical transaction. Not only that, people who don't keep their money on exchanges lose their coins all the time. It's just the worst store of value. It would be more practical to transact in wheat like the Sumerians did. Or just dollars. This stuff just keeps on happening, but crypto folks always make some excuse as to why it's not actually a systemic problem.
> You need bitcoin exchanges for any kind of practical transaction. Not only that, people who don't keep their money on exchanges lose their coins all the time.
OK, what's your point? Nobody claimed it was perfect, just that it happens to be immune to the particular failure mode which happened here. Can you accept that that is true?
> This stuff just keeps on happening, but crypto folks always make some excuse as to why it's not actually a systemic problem.
What "stuff"? People losing coins? People lose cash all the time, does that make it a "systemic problem" with cash? They are just different technologies with different trade-offs.
It's understandable that you hate the cryptocurrency community but that doesn't mean you need to deny every possible advantage of cryptocurrencies.
Re: Tell HN: Wells Fargo completely offline
#77Earlier quoted context omitted.
The next worst thing for electronics after fire - water! Or are there non liquid fire suppression systems such as pulling all the oxygen out of a room (if there aren't any people in it)?
Yes water isn't typically used in datacenters, halon gas can be used for example. But the noise of the nozzles releasing the gas can actually damage disk drives.
yeah, the data center affected apparently had a halon gas suppression system.
Re: Tell HN: Wells Fargo completely offline
#78Re: Tell HN: Wells Fargo completely offline
#79Earlier quoted context omitted.
Wells Fargo customers must be terrified that their money is going to be gone when the service finally comes back. This downtime is obviously to prevent a bank rush while the leadership leaves the country with millions in customer funds. Oh wait...
Very funny, but you're describing a failure mode of bitcoin exchanges rather than the bitcoin network, which is not what the parent was talking about.
> but you're describing a failure mode of bitcoin exchanges rather than the bitcoin network
Of course! With bitcoin, nothing is the fault of bitcoin and always something else's fault. Bitcoin can never fail. It can only be failed.
Re: Tell HN: Wells Fargo completely offline
#80Regional bank checking in. We've been told to reroute certain workloads through other means until 6am central Friday. Regardless of that, the story coming out of this over the next few days is really going to help Business Continuity departments at other institutions plan for this scenario. My teams are running mock scenarios this afternoon based on the auto power shutdown causing a data center to be unable to fail o…
I get paid by direct deposit into my WF acct between midnight tonight and 6am tomorrow. I suppose I can eventually rely on my employer keeping records and replaying everything.