No, they're collecting one BILLION (with a b) data points every two seconds. Gotta go to 2000 seconds (a little over half an hour) for the TRILLION.
With a 25:1 reduction/summarization before writing. If they're smart, they do that summarization on the way in, rather than at the back-end layer. That's a billion data points written per minute, or a trillion and a half written per day!