Lost Bitcoins Man is still trying

I've just seen he want to buy the tip now.

That's not going to make it much easier for him to actually dig it up, as from what i understand he'll need permission from the council and to operate under all the applicable laws and regulations whilst doing so, and then have the liabilities and long term issues that come with owning a landfill site.
Basically he might end up owning the site but not be allowed to do anything with it.
 
Let him buy it. Sell it at an inflated price, wait for him to unsuccessfully find it and buy it back on the cheap.
 
He reckons he’s got investors that are helping him buy the site.

Must be insane to invest in that.

IF it even went to that site they reckon there’s over a million tons of waste there. The cost to search through that would be eye watering. Then you’ve got to deal with all the waste afterwards. What are the chances the hard drive still works after being in that environment for so long even if it was found.
 
ben1987 said:
He reckons he’s got investors that are helping him buy the site.

Must be insane to invest in that.

IF it even went to that site they reckon there’s over a million tons of waste there. The cost to search through that would be eye watering. Then you’ve got to deal with all the waste afterwards. What are the chances the hard drive still works after being in that environment for so long even if it was found.
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The reason he's got investors is because the potential return far outweighs the cost of buying, excavation, clean up, and data recovery expertise. Even if all that sets him back 100 million then he's still significantly quids in.

The council should really put a price tag on it like 600 million+. That would scare of any potential investors because the upfront cost of buying the site would then exceed the potential return making it pointless to try and get.
 
This is the problem with crypto. The contents of that drive are no use to anyone but for some reason we've decided to assign value which makes people think it's a good idea to go digging up waste. No thanks
 
He does make what sounds like a reasonable point - one of the reasons given for not letting him look for the drive was that doing so would require closing the site and that would cause problems for people living in the area. If the site is being closed anyway, that reason disappears.

I think the usual processes should be followed, rather than trying to come up with schemes to have a laugh at his expense.

If he can pay a normal price for a closed landfill site and he can dig through it in a safe way (and can prove both those things), why not let him have a go?
 
He would also need a waste operators licence and permission to operate the site. Avoiding pollution and nuisance.
 
Angilion said:
He does make what sounds like a reasonable point - one of the reasons given for not letting him look for the drive was that doing so would require closing the site and that would cause problems for people living in the area. If the site is being closed anyway, that reason disappears.

I think the usual processes should be followed, rather than trying to come up with schemes to have a laugh at his expense.

If he can pay a normal price for a closed landfill site and he can dig through it in a safe way (and can prove both those things), why not let him have a go?
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Yeah I see no issue with the council selling that with some caveats that it will be left in a specific condition after he's done.
Can't just have home removing the rubbish somewhere else etc.

But in principle.. It's his money, if the council can sell it for more to him than anyone else, why not?
 
413x said:
Yeah I see no issue with the council selling that with some caveats that it will be left in a specific condition after he's done.
Can't just have home removing the rubbish somewhere else etc.

But in principle.. It's his money, if the council can sell it for more to him than anyone else, why not?
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A key issue for the council would be a botched job. There would need to be huge remediation work undertaken at the end, and the appetite of a failed project team to pay for that might be in some doubt.
 
potatolord said:
A key issue for the council would be a botched job. There would need to be huge remediation work undertaken at the end, and the appetite of a failed project team to pay for that might be in some doubt.
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Yeah agreed. And if he doesn't find you'd never recover those costs as he'd probably be "bankrupt"
 
The waste Is deep compacted by sheepsfoot rollers in layers and finally capped with clay before landscaping. Just digging in the compacted waste would be a nightmare IMO.
 
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Angilion said:
He does make what sounds like a reasonable point - one of the reasons given for not letting him look for the drive was that doing so would require closing the site and that would cause problems for people living in the area. If the site is being closed anyway, that reason disappears.
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But it's being closed down to be redeveloped into a solar farm, which probably wouldn't be much (if any?) excavation work - whereas matey wanted it to be closed (albeit temporarily I guess) so it could be tore into on the hunt for his clapped out drive.
 
Scort said:
But it's being closed down to be redeveloped into a solar farm, which probably wouldn't be much (if any?) excavation work - whereas matey wanted it to be closed (albeit temporarily I guess) so it could be tore into on the hunt for his clapped out drive.
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All landfills are capped of with a layer of clay and soil, any excavation for said solar farm would be into this "fresh" ground. Mateys drive would be so far down due to it being lost many moons ago, the likelyhood of finding it is millions to 1. If he were to find it, the chances of it working are very slim, a lot of compacting, gas and moisture which is created when making a landfill would 100% destroy it.
 
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