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As the admin of instance and who runs high traffic service (mirror) in Korea, yeah it’s fucking outrageous. Korean ISPs charge really high and the actual network quality is really bad, especially when connect to outside of this country, even worse to Europe. Also see:
This is how the internet dies, not with a bang, but with iSP whinging.
I get it the load vid services is putting on the ISP infra is massive but I don’t think its going to work in the ISP favour in the long run. Eventually enough companies are going to say no.