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The person who accidentally threw a hard drive containing 7500 Bitcoin has a new plan to recover it!

Source: https://bit.ly/3yREiDn

Perhaps many of the pioneers of the crypto market, especially the old ones, know the story of the British man who accidentally threw a computer containing 7500 Bitcoin stored on his hard drive.

Well it looks like this guy has a new plan to get his lost cryptocurrency back from the city dump.

He recently stated:

We estimate that there are between 300,000 and 400,000 tons of waste to be investigated.

Mission to recover 7500 missing bitcoins from landfill:

James Howells, an IT engineer, made the mistake of his age by disposing of a hard drive in an old computer containing 7,500 bitcoins in 2013.

But for now, he has not given up his quest to recover his cryptocurrency.

The 35-year-old from Newport, UK, shared with The Sun newspaper his 12-month plan to search the city’s landfill using X-ray scanners and artificial intelligence technology.

James noted, “This would be a convenient and clever piece of research and not just someone going in with a bucket and a shovel, and he emphasized:

We have a system with multiple conveyor belts, x-ray scanners, and an AI scanner that is trained to recognize items of similar size and density to a hard drive.

He added:

This would be a thorough search because we don’t want to damage your hard drive in the process, you can’t use the claw capture tool.

We’ve spoken to the right prospecting experts and engineers to make sure everything is done correctly as well as in an environmentally safe way.

For the past four or five months, I’ve been talking to some of the best data recovery experts in the world to make sure we can get that data back from the hard drive.

The research will be expensive, but James said his plan is backed by a very rich hedge fund and that that fund is willing to cover the cost of research and equipment used in exchange for the lion’s share of the wealth in the event of a recovery.

James believes that his hard drive is located in an area of ​​200 square meters and can be up to 15 meters deep based on aerial photographs of the site.

Tell the IT engineer:

We estimate that there are between 300,000-400,000 tons of waste to be investigated.

Despite having a plan, James said Newport City Council would not allow him to search the dump, even after offering them £55m ($76m).

The Newport City Council explained its refusal and presented the following arguments:

The cost of excavating, storing and treating the landfill can run into millions of pounds, with no guarantee that it will be found or that it is still operating.

The cost of excavating, storing and treating the landfill can run into millions of pounds, with no guarantee that it will be found or that it is still operating.

Additionally, excavation is not possible under our license permit, as the excavation itself will have a significant environmental impact on the surrounding area.

At the time of writing this article, 7,500 bitcoins are valued at around $250 million according to coinmarketcap data .

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