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The search for a 7,500 Bitcoin hard drive worth $350 million lost in a landfill! 🗑️🤑
James Howells, a Welsh I.T. worker, began mining Bitcoin on a personal computer in 2009. By 2013, he had mined 7,500 Bitcoin which is worth about $356 million today. In 2013, he stopped mining and sold the computer he was using for parts on eBay. He kept the hard drive with the hope that Bitcoin would rise in value. In 2013, when cleaning his house he accidentally threw the drive away and it, along with the rest of his trash was taken to the local landfill in Newport, South Wales and buried. Asked how it ended up in landfill, he explained that it was “thrown out into a bin bag during a clear-out in a case of ‘mistaken (HDD) identity’ in summer 2013. There were two HDDs in the same drawer, the wrong one got binned? Shit happens.”
The landfill reportedly contains about 350,000 tons of waste and 50,000 more tons are added every year. An article reported that “a council spokesperson said their offices have been “contacted in the past about the possibility of retrieving a piece of IT hardware said to contain bitcoins,” but digging up, storing and treating the waste could cause a “huge environmental impact on the surrounding area.” As of 2019 he still had not gotten permission from the local council, but he started offering to do one-hour phone interviews with journalists for a £250 fee paid in BTC or BCH.
Howells told Insider his plan budgets for two robotic "Spot" dogs from Boston Dynamics. Boston Dynamics' Spot robot first became commercially available in June 2020, when it hit the market at $74,500 per unit.
Since then Spot has been used to perform scans for construction projects, herd sheep, and patrol parks in Singapore to enforce social distancing. Howells told Insider the robots would be used both for security as roaming CCTV cameras and to scan the ground to search for his missing hard drive. He said the project would require two dogs so one could be on patrol while the other charges its battery.
Howells said if the project does go ahead, he would like to name the robotic dogs "Satoshi" and "Hal."
Satoshi Nakamoto is a pseudonym for the person or group of people who created Bitcoin, and Hal Finney was the first-ever recipient of a bitcoin transaction.
READ MORE: https://www.businessinsider.com/james-howells-wants-2-robot-dogs-help-find-bitcoin-dump-2022-7
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