James Howells, the engineer who in 2013 lost a hard drive containing 7,500 bitcoins, is standing firm and hopes to strike a deal with Newport City Council in Wales to begin his plan to find the device among more than 100,000 tons of rubbish.
- Howells lost in 2013 a hard drive with keys to access 7,500 BTC.
- He devised an elaborate plan to search about 200 square meters of trash for the disc.
- It will employ search teams, AI machines and surveillance robots.
- City Hall doesn’t quite agree with his plan: “It’s like looking for a needle in a haystack”.
- If he does not receive authorization, Howells will take the case to the local courts.
They say over there that “ he who perseveres, will achieve”. . This seems to be the hope of the man from Wales who mistakenly threw away a hard drive with 7,500 bitcoins, who has in mind to continue his search and for this he contemplates adding more elements to the plan he detailed at the time more than a year ago.
The saga of the search for the hard drive
For those who do not know, this is the case of a man living in the city of Newport, Wales, UK, named James Howells, who mistakenly threw away a hard drive in which he had the private keys to his critpo wallet, in which there was nothing more and nothing less than 7.500 BTC, currently valued at about USD $166.2 million at the time of going to press.
While many of us might make mistakes that eventually prove costly, for Howells this was a blunder he regrets to this day. Since last year he has been asking the city council for permission to search for his old hard drive among the more than 400,000 tons of waste in the landfill, a request that has been denied in the past because of the operational costs and environmental impact of the procedure to find the precious device.
Well aware of what this would entail, Howells even went so far as to offer the City Council authorities to donate 25 percent of the BTC in the wallet a place where cryptocurrency users can store, send and receive digital assets. if he was allowed to access and search the hard drive. But since it’s not about just going in with a shovel and digging around, he shared with some media outlets the plan he had in mind to carry out:
“We have a system with multiple conveyor belts, X-ray scanning devices and another with artificial intelligence, which would be able to recognize items that have a similar size and density to the hard drive.”
El plan de Howells
At this time, Howells resubmitted his plan to retrieve the hard drive with the private keys, and duly applied to the City Council for the appropriate permits to conduct the search.
Among the details of his plan to follow, Howells assumes that he will be authorized to review some 100,000 metric tons of garbage housed in the landfill, an operation that would cost an estimated $11 million and would involve a team of eight experts specializing in AI, excavation, waste management, data extraction and consulting services. It is estimated that the operation could last for at least three years, in the hope that the hard drive will still be functional if it is found.
As security the term securities refers to a fungible and tradable financial instrument that carries a type of monetary value. is everything and there is the premise that other people will pretend to go off on their own and search for the hard drive, Howells will also install a 24/7 surveillance system and put robot dogs on patrol to report any intruders. This will prevent strangers from disrupting or compromising the work of the collectors and team members, who will be tasked with finding the device within a 200-square-meter range, digging through depths of up to 50 feet of trash.
As for the operating costs, the owner of the disc assured that he has a fund to finance and sustain the search project. In addition, as an incentive, he offered to donate 25% of the BTC if the work is successful.
The City Council is still not convinced
Despite the details shared by Howells, Newport City Council does not appear to be convinced to allow the interested party to carry out its search because of the operational costs and environmental implications of the contemplated activities.
Thinking about this, the affected person stressed that the work will not end once the hard drive is found, as he promised that he and his team would do the work of cleaning and recycling of the garbage submitted for review. He reiterated that they want to leave everything in better condition than they found it, so they do not plan to damage the environment.
In addition to the above, Howells proposed creating a solar or wind energy farm on top of the landfill once the work is completed. However, this does not seem to excite the council members, who still think that the plan basically amounts to looking for a needle in a haystack, not to mention the possibility that the disc will be unusable after the deterioration that implies for the device to be in the landfill for more than seven years.
Since the request is likely to be rejected, Howells is contemplating taking the case to the local courts on the premise that they would be illegally seizing access to the hard drive. Although he insists he doesn’t want to go this far, he does plan to take this to the final stages because he has faith that his plan will work.
- Man who dumped hard drive with 7,500 bitcoins in dumpster tries new plan to get it back
- Wales man loses 7,500 bitcoins on hard drive he threw in dumpster in 2013 and hopes to recover
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Source: Business Insider
Version by Angel Di Matteo / DiarioBitcoin
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