Wednesday, July 27, 2022

"Bitcoin Dumpster Guy Has a Wild Plan to Rescue Millions in Crypto From a Landfill"

From Gizmodo:

James Howells said he’ll use Boston Dynamics robotic dogs to scan for a drive containing a passcode to 8,000 bitcoin, worth nearly $176 million.

You gotta hand it to some people for being impetuous even in the face of extraordinary odds. Imagine looking for a single hard drive amidst a literal heap of trash. Well, that’s been one UK man’s goal for nearly a decade after he accidentally lost the chance of being an early crypto millionaire by chucking the wrong disk drive into the bin.

But now he’s got a new plan, and it involves… (checks notes…) robot dogs. Right, I take back any sense of compassion for his plight.

Former IT worker James Howells—who once stood on the very forefront of the crypto boom and could have been a multimillionaire—is desperate to scour a UK landfill located in Newport, Wales where he might find a missing drive that contains the passcode for a crypto wallet containing 8,000 bitcoin, worth close to $176 million as of writing. Howells said he accidentally dumped the wrong hard drive back in 2013.

Though the price of crypto remains in the proverbial dumpster, this data cache represents millions of dollars simply stuck on the blockchain, with nobody able to access the wallet without the required passcode. It’s been a long road, and he hasn’t given up on his quest to rescue his missing millions. Only problem is finding that hard drive would require digging through a literal mountain of garbage....

....MUCH MORE