cryptocurrency

James Howells Has a New Plan to Find the Lost Bitcoin

James Howells is the man who will do it Anything to lose Bitcoins again.

James Howells is really eager to find his lost money

About nine years ago, Howells mistakenly discarded a CD-ROM containing as many as 8,000 individual bitcoins. These units are lost somewhere in a city dump – a dump that local officials refuse to allow to excavate. These bitcoins are worth over $180 million at the time of writing, and Howells says he has an $11 million plan to recover the funds.

For many years, Howells has worked hard with city regulators to try to obtain permission to search a landfill that he is confident contains a compact engine. He says that until this point, the organizers have constantly refused his requests, saying that drilling will not only be expensive, but also harmful to the environment. He now presents a new proposal to officials and says he is confident he will get the green light this time.

His plan includes a pair of robotic dogs designed to sniff out certain substances. He also said that there will be an AI-powered machine that searches for hard drives on a conveyor belt, along with a huge human sorting team. He believes that if the plan is to come to fruition in full, its implementation will cost about $11 million and will require three years to complete. A lower version of the plan will only cost about $6 million and require 18 months.

So far, the team has been assembled. It consists of employees engaged in landfill excavation, AI sorting, waste management, and data mining. All the pieces seem to be in place; It just needs the thumbs of city officials to start the search. He promised to reward the city with bitcoin if he was allowed to move forward.

In a recent interview, he commented:

We are trying to achieve this project with full commercial standards… We don’t want to harm the environment in any way. If anything, we want to leave everything in better shape.

He’s also added several security measures to his plan, as he believes people will pick up on what’s going on and try to locate the CD drive themselves. For this reason, he incorporated 24-hour security cameras into the mix, along with night patrols that would regularly sweep the area looking for anything resembling a compact drive.

This is a big pledge

Richard Hammond, host of Top Gear — who knows a thing or two about prospecting and finding lost objects — threw his two cents into the mix, saying:

They are clearly a group of very committed people who believe in him and the plan. It’s a story that goes from the incredibly mundane to the phenomenal. If I were in his position, I don’t think I would have the strength to answer the door.

Tags: Bitcoin, James Howells, Richard Hammond

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