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#188 - This axe hits the aorta of Wall Street!

Chapter 187: This Axe Chopped the Artery of Wall Street!

"Dug up the submarine cable?"

Looking at the real-time message from Tie Er Leng, a playful smirk appeared on Chen Jue's face.

You know, after he cast a wide net on the Internet forum Tieba and recruited Afu, these two mining machine intermediaries from Huaqiangbei, he began preparing for the subsequent mining of virtual currencies.

Before heading to Modu to participate in the food exhibition, Chen Jue arranged for Afu and the others to join the technical department of Fangkuai Technology, responsible for the subsequent procurement of mining machines and the layout and maintenance of the mining factory's circuits.

In addition, he also dispatched a two-person Iron Puppet team, starting from the underground experimental base of Ruixian Magic Cube Factory, and digging all the way in a direction 45 degrees northeast.

The target of the excavation was the Pacific Ocean east of Chiba Prefecture, Little Japan.

The reason for digging in this direction was that Chen Jue learned from the information he found in a cold knowledge forum where many experts gathered.

The United States and Little Japan, represented by Google and other six international giants, took the lead in laying a submarine cable system nearly 9,000 kilometers long between Chiba Prefecture and Oregon on the west coast of the United States in 2014.

This submarine cable system is called the 'US-Japan Submarine Cable System', and its designed transmission rate is 10 million times faster than traditional cable modems, with a bandwidth rate of up to 60Tbps.

What is the concept of 60Tbps?

It means a network speed capable of transmitting 60TB of files per second, and downloading a 130GB "Black Myth: Wukong" would only take 0.12 seconds.

To this end, Google and other companies have successively invested more than 1 billion US dollars in this project, and they also send underwater robots and professional engineering ships to regularly maintain this submarine cable.

Of course, for such a large international project, there is almost no secret in the laying route.

As soon as the project started, the longitude and latitude coordinates of the cable laying were dug up everywhere by the experts in various Internet forums.

So Chen Jue took these coordinates obtained online and asked the Iron Puppets to dig more than 2,000 kilometers.

He opened up an underground tunnel between Ruixian and the Pacific Ocean east of Chiba Prefecture in Little Japan, and also found this submarine cable by the way.

In addition, in order to facilitate the transmission of information in the underground tunnel, Chen Jue also asked the newly recruited network engineers in the group to design and manufacture a set of WiFi transceiver devices suitable for ultra-long-distance transmission.

For this simple little requirement put forward by their boss, the network engineers who were paid tens of thousands of monthly salaries naturally came up with a plan overnight.

The shape of this device is a bit similar to the satellite dish used in the past to receive and transmit wireless TV signals in rural areas. It was originally started by a Russian expert on YouTube abroad.

After debugging it several times within the group, Chen Jue was directly dumbfounded!

As long as the positions of the two relative Wifi dishes are high enough, and obstacles such as high-rise buildings are avoided in the middle, the maximum effective transmission distance on the surface can reach an astonishing 30 kilometers.

In addition, the tunnels dug by the Iron Puppets are in a regular and straight state, effectively avoiding the curvature of the earth's surface.

Only less than 300 sets of such Wifi dish devices were installed, and they perfectly covered the communication problems of the several underground tunnels that Chen Jue had dug out so far.

To this end, Chen Jue also specially sent an Iron Puppet to infiltrate the network department within the group, and opened a brand new [Network Hardware Engineer] professional skin in the skin library at the cost of 1 million Krypton gold.

At this moment, Tie Shiqi, who is located at the bottom of the Western Pacific Ocean, holding a mobile phone and broadcasting live the US-Japan submarine cable, is Tie Shiqi, who knows computer hardware like the back of his hand.

"Boss! How do we operate this submarine cable?"

"Do we cut it off completely, or splice a branch out?" Tie Shiqi asked in the video, and saw that he was holding an [Iron Axe] in his hand.

Next to him, there is a thick cable wrapped in black insulating material.

As for the location of Tie Shiqi, it is in the seabed area more than 4,000 meters deep at the bottom of the Western Pacific Ocean.

The reason why it can avoid such terrifying water pressure without being hurt, in addition to the MC Iron Puppet's own 'sinking in water' characteristics, is also because of the regular airtightness of the MC square, using the method of digging and padding, and using the [Primordial Stone] square to capture this small section of submarine cable above his head into the underground tunnel to facilitate subsequent construction.

Once the cable company comes to lift the cable for maintenance, you only need to smash the several squares wrapped above and restore it to its original state after doing bad things.

"Cut off a part first, can you quickly branch it and then repair it in the shortest time?" Chen Jue asked curiously when he saw this.

Tie Shiqi saluted the camera and said: "No problem!"

Then he saw him holding up the [Iron Axe] and chopping it against the cable next to him with a dong dong dong~.

The familiar sound of Lu square sounded, and dense white cobweb patterns began to appear on that section of submarine cable.

Along with a biu~ sound, a 1-meter-long cable was chopped up and turned into squares.

Then Tie Shiqi used the self-provided fiber optic splitter to start network branching from this cut.

Chen Jue's mouth was grinning from ear to ear when he saw this scene, and his heart was pounding wildly.

"Wow~ exciting!"

"Stealing this network, why does it feel more exciting than sneaking out to the Internet cafe to play games when I was in school!" Chen Jue rubbed his hands and became a little excited.

This fiber optic branching operation is a preparation to avoid IP address tracking after the mining factory goes online.

In addition, after capturing this US-Japan submarine cable, Chen Jue will have a suitable entry point for doing something big on the periphery on a large scale in the future.

However, just as Chen Jue was directing Tie Shiqi to do the century-old network theft unknowingly at the bottom of the Pacific Ocean.

In the Tokyo Stock Exchange in Chuo District, Tokyo, Little Japan, there were a few exclamations of "Ah?" "Huh?" "My feet are numb, daddy!" at this time.

"Why isn't the index moving?"

"Nasdaq, Dow Jones, S\u0026P 500 are all down!"

"No! The network server has lost its signal!"

"Baga! What are the network team doing? Why don't you quickly troubleshoot such a major fault?"

The trading hall instantly exploded.

Because it was more than 10:00 pm in the East Eighth District at this time, which was also the most prosperous period of market trading after the US stock market opened in the morning.

There are many big Japanese speculators who come to the Tokyo Stock Exchange to be night owls and stay up late to speculate in US stocks, US futures and foreign exchange.

This sudden physical network outage directly caused the real-time scrolling index boards in the hall to appear in a shutdown state.

It also caused a broken link between the Tokyo Stock Exchange and the data transmission from New York and Wall Street. Many Japanese local securities and futures trading software instantly entered a spinning death cycle.

As a result, many Japanese speculators became anxious on the spot, wishing they could pick up a knife and chop the staff maintaining the server.

After all, the US stock market implements the T+0 operation rule. Unlike the domestic A-shares, which can only be sold the next day after buying in T+1, it can be bought and sold at any time during the opening hours.

In the era of quantitative trading, a few seconds are enough for a speculator's account with a super high leverage ratio to make a huge profit or be liquidated.

A network outage means interrupting the operations of countless international speculators gathered in the Japanese capital market, and even more people are so scared that cold sweats break out on their backs!

Because after the Plaza Accord was signed in 1985, the Japanese yen has implemented a long-term appreciation strategy against the US dollar, which has led to domestic interest rates being at a low level for nearly 30 years.

Even in the past period of time, the deposit interest rate of the Japanese yen once appeared as a negative interest rate and a zero interest rate.

It is equivalent to you depositing money in a Japanese bank, not only can you not get bank interest, but you have to pay the bank a sum of money in reverse, which is unimaginable in China, which is developing vigorously.

Of course, it is also because of the ultra-low interest rate policy of Japanese yen savings that international capital speculators are flocking to it, using the Japanese yen as a springboard for repetitive quantitative arbitrage investment.

To give a simple and easy-to-understand example, after the American stock god Buffett borrowed 100 yen from a Japanese bank and exchanged it for 0.65 US dollars into the US stock market, through Wall Street's various financial derivatives, he can amplify this 0.65 US dollars hundreds or even thousands of times and then buy and sell stocks!

Once the purchased stocks start to make a profit, the profits generated can easily cover the ultra-low interest costs generated by borrowing 100 yen.

However, such arbitrage operations must be assisted by quantitative trading software to conduct high-frequency buying and selling of US stocks in seconds under the T+0 rule.

The sudden network outage like tonight is equivalent to suddenly unplugging the network cables of countless international speculators gathered in the Japanese capital market.

Under the influence of the magnified risk of high leverage, you don't need to think about how sour the result will be.

......

As expected, after a few minutes of torment comparable to a black swan event passed, the backup network of the Tokyo Stock Exchange began to go online urgently, and more than 1 million + quantitative trading accounts were collectively liquidated.

And the US stock market across the ocean was also affected by this wave of liquidation.

Duang~ The entire US market plummeted by 2%, and many US stock indexes such as Nasdaq, Dow Jones, and S\u0026P 500 experienced a high-level dive within a few minutes, and the entire market evaporated by more than 1.1 trillion US dollars.

Making countless global financial media exclaim at this moment: "OMG!"

"Financial crisis!"

"The US stock market crash is coming!"

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