On Sunday night, the largest space battle in history took place, on the server of Eve Online.

The Verge breathlessly reported the approach of the battle fleets.

In less than an hour, a battle of interstellar proportions will break out in the MMORPG Eve Online, a spacefaring simulation with its own politics, economies, and wars — all controlled exclusively by players. Between three and four thousand pilots are set to do battle in one of the largest fights ever on Eve, which you can watch live below or on Twitch.tv.

The battle is expected to rival the legendary Battle of Asakai as one of the most epic battles in Eve history — which totalled equivalent to $20,000 in losses for the losing team. Today’s battle doesn’t yet have its own name, but is taking place in a system known as 6VDT between two of the largest player alliances in the game, TEST Alliance and the CFC. In order to keep lag to a minimum, since the battle takes place on just one server, Eve’s developers will likely slow down time more than 90 percent so its server can process all player actions. This means today’s battle could take several hours to reach its explosive conclusion.

Update, 3:20PM ET: The Verge’s war correspondent in Eve Online is bringing us live updates of the action about to unfold in deep space. As you can see below, the CFC is preparing to meet the TEST Alliance in battle. Intelligence suggests that the TEST Alliance is now staging its fleet.

Today’s battle could be the culmination of months of conflict, propaganda, and preparation.

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Eurogamer reported the outcome:

More than 4000 people took to sci-fi MMO Eve Online last night for the game’s largest ever virtual space battle.

Two of EVE’s biggest rival factions – TEST Alliance and the Goonswarm-led CFC – went head-to-head in a fight that lasted more than five hours and cost more than 2900 ships.

The CFC eventually smashed TEST and sent it fleeing from Fountain, the area of virtual space where the two sides drew their battle lines.

The battle was the culmination of a two-month campaign by the CFC to invade the Fountain area – TEST’s traditional home region – and was directly sparked by TEST’s decision to make an Alamo-style final stand.