{"id":9423,"date":"2021-07-10T13:54:10","date_gmt":"2021-07-10T13:54:10","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/man-who-accidentally-threw-away-7500-bitcoins-on-hard-drive-has-new-plan-to-retrieve-his-btc\/"},"modified":"2021-07-10T13:54:10","modified_gmt":"2021-07-10T13:54:10","slug":"man-who-accidentally-threw-away-7500-bitcoins-on-hard-drive-has-new-plan-to-retrieve-his-btc","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/man-who-accidentally-threw-away-7500-bitcoins-on-hard-drive-has-new-plan-to-retrieve-his-btc\/","title":{"rendered":"Man Who Accidentally Threw Away 7,500 Bitcoins on Hard Drive Has New Plan to Retrieve His BTC"},"content":{"rendered":"

The British man who accidentally threw away a computer with 7,500 bitcoins on its hard drive has come up with a new plan to retrieve his lost coins from the city landfill. \u201cWe estimate there are between 300,000 \u2013 400,000 tons of waste to look through,\u201d he said.<\/strong><\/p>\n

Man on Mission to Retrieve 7,500 Lost Bitcoins<\/h2>\n

James Howells, an IT engineer who accidentally threw away the hard drive of an old computer containing 7,500 bitcoins back in 2013, has not given up his quest to retrieve his coins. The 35-year-old from the city of Newport in the U.K. has shared with The Sun publication his 12-month plan to search the city landfill using x-ray scanning devices and AI technology.<\/p>\n

Noting that \u201cThis would be a proper search \u2013 not just somebody going in with a bucket and spade,\u201d the British man affirmed:<\/p>\n

We have a system with multiple conveyor-belts, x-ray scanning devices and an AI scanning device that would be trained to recognise items that are a similar size and density to the hard drive.<\/p>\n

\u201cThis would be a delicate search because we wouldn\u2019t want to damage the hard drive in the process \u2013 you can\u2019t just use a claw grabber,\u201d he emphasized. \u201cWe\u2019ve spoken to excavation experts and proper engineers to make sure it was all being done correctly as well as in a way that was safe for the environment.\u201d<\/p>\n

Howells added that over the past four or five months, he had been \u201ctalking to some of the best data recovery experts in the world to make sure we can get it off the hard drive.\u201d<\/p>\n

The search will be costly but Howell said that his plan is backed by a very rich hedge fund willing to cover the cost of the search and the equipment involved in exchange for the lion\u2019s share of his fortune.<\/p>\n

<\/p>\n

Howells believes that his hard drive is in a 200-meter squared area and could be 15 meters deep based on aerial photographs of the site. The IT engineer said:<\/p>\n

We estimate there is between 300,000 \u2013 400,000 tonnes of waste to look through.<\/p>\n

Despite having a plan, Howells said that the Newport City Council would not let him search the landfill, even after he offered them \u00a355 million ($76 million).<\/p>\n

The Newport City Council explained that \u201cThe cost of digging up the landfill, storing and treating the waste could run into millions of pounds \u2013 without any guarantee of either finding it or it still being in working order.\u201d Moreover, the council stated that \u201cexcavation is not possible under our licensing permit and excavation itself would have a huge environmental impact on the surrounding area.\u201d<\/p>\n

At the time of writing, 7,500 bitcoins are worth about $246 million according to data from Bitcoin.com Markets<\/a>.<\/p>\n

Do you think James Howells will recover his bitcoins? Let us know in the comments section below.<\/strong><\/em><\/p>\n

Bitcoin News
\nFeatured, ai, Bitcoin Computer, bitcoin landfill, bitcoin laptop, bitcoin thrown away, computer, conveyor belt, Hard Drive, James Howells, landfill, lost bitcoin, x-ray<\/p>\n","protected":false},"excerpt":{"rendered":"

The British man who accidentally threw away a computer with 7,500 bitcoins on its hard drive has come up with a new plan to retrieve his lost coins from the city landfill. \u201cWe estimate there are between 300,000 \u2013 400,000 tons of waste to look through,\u201d he said. Man on Mission to Retrieve 7,500 Lost…<\/p>\n","protected":false},"author":0,"featured_media":9424,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-9423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/9423"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=9423"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/9423\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/9424"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=9423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=9423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=9423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}