Cryptominer Wants to Use AI and Robots to Find Lost Bitcoins Worth Millions of Dollars
Bitcoin has been storming a lot lately, but there are things that don't change - these are funny stories with the owners of the cryptocurrency. Some of them have become legendary over the years, regularly appearing in the news about unprecedented profits or bankruptcy of cryptocurrency owners. Like the guy who threw millions of dollars worth of bitcoins in the trash in 2013. He never stopped searching for lost wealth.
James Howells is a computer engineer who threw away a hard drive with 8000 bitcoins almost a decade ago. This hard disk with data currently costs about $ 183 million, provided that it is possible to decrypt and extract bitcoins. Howells does not lose hope and wants to cope with the task, combing through the garbage with the help of AI and robot dogs.
According to The Guardian, Howells has a new plan to find a hard drive with bitcoins in a garbage dump. He wants to convince Newport Council in South Wales to allow him to use artificial intelligence to control a mechanical arm that will sort through garbage in search of a hard drive. Then someone will manually check all the detected objects at a temporary site near the landfill.
Howells also wants to hire environmental and data recovery specialists to do the job. The cost of the project will be about $ 12.2 million, and its implementation will take from 9 to 12 months. This is according to Howells' own estimates. And this is provided that the council allows him to start hunting for bitcoins in the mountains of garbage.
The computer engineer has already received funding from an unknown hedge fund. And he said that he plans to invest any money for the development of the city of Newport, if only he would be allowed to search for the missing hard drive.
“After cleaning the landfill, we will install a power plant or even a couple of wind turbines. We would like to create an energy enterprise for a local mining center that will use an environmentally friendly energy source,” Howells said.
But it looks like James Howells' plans are not destined to come true. The Newport City Council didn't even meet with him to discuss his plans. The main reason why the city does not want to consider his ideas concerns the environment.
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https://coin-signal.com/cryptonews/cryptominer-wants-to-use-ai-and-robots-to-find-lost-bitcoins-worth-millions-of-dollars/
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