Lost Bitcoins Man is still trying

dowie said:
That doesn't follow, if you had a human body in a section of landfill and you excavated it all and put it on a conveyor belt for scanning then... well you wouldn't even need to put it on the conveyor belt to find the body. But that's quite a big task that requires a decent budget.
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But would the body take off ?
 
There is 0% chance of finding it let alone finding it working. Hundreds of thousands of tonnes of rubbish compacted by heavy machines over a site probably covering 10s of acres. Even if they did find it it would likely be damaged and full of bin water. I'd be gutted but he needs to let it go otherwise it would just consume you.
 
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If he sifts through landfill for long enough, he'll probably find something valuable, like a lost diamond ring or something.

Then it would be a case of working out if he's entitled to keep it, and I doubt that.
 
Council refusing to be baited in by crypto promises.

How exactly do you get your waste management licence amended to permit some guy with no money to turn your landfill into a crater so he can rummage through it like a demented gold panner.

Get paid and rewarded for the inconvenience and damage when it turns up you say? And it might never be found or be in a usable state? Yes, lets sabotage our relatively secure council jobs with an absurd gamble of council resources.
 
I'm amazed he is planning to trust AI to identify the drive - if it was me I would be standing by the digger for a few weeks :) If the council can earn some money out of it they should just let him.
 
Hotwired said:
How exactly do you get your waste management licence amended to permit some guy with no money to turn your landfill into a crater so he can rummage through it like a demented gold panner.

Get paid and rewarded for the inconvenience and damage when it turns up you say? And it might never be found or be in a usable state? Yes, lets sabotage our relatively secure council jobs with an absurd gamble of council resources.
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He has money because he has backers, the council doesn't need to gamble w.r.t that.

Colonel_Klinck said:
There is 0% chance of finding it let alone finding it working. Hundreds of thousands of tonnes of rubbish compacted by heavy machines over a site probably covering 10s of acres. Even if they did find it it would likely be damaged and full of bin water. I'd be gutted but he needs to let it go otherwise it would just consume you.
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There's clearly not 0% chance of finding it, if anything not exhausting all options would probably be worse. At least if he either finds it and it's unrecoverable or if he runs out of legal options to attempt it then he's tried what he could.
 
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dowie said:
He has money because he has backers, the council doesn't need to gamble w.r.t that.



There's clearly not 0% chance of finding it, if anything not exhausting all options would probably be worse. At least if he either finds it and it's unrecoverable or if he runs out of legal options to attempt it then he's tried what he could.
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I looked at the story in the first post, and that does not say he has backers willing to pay his costs? It did say he is suing the council. Do you have a link showing the guarantors? I'm genuinely interested to see what funding is in place.

There is a small chance he'll turn it up, and a smaller chance the data is recoverable. It's not for the council tax payers of Newport to fund this scheme.
 
potatolord said:
I looked at the story in the first post, and that does not say he has backers willing to pay his costs? It did say he is suing the council. Do you have a link showing the guarantors? I'm genuinely interested to see what funding is in place.

There is a small chance he'll turn it up, and a smaller chance the data is recoverable. It's not for the council tax payers of Newport to fund this scheme.
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Yeah, there was a video posted earlier in this thread with Richard Hammond interviewing him etc.. I mean that's the whole thing, there are backers willing to finance this, he's not expecting the council to remove all the rubbish for him or to set up some AI scanning system on a conveyer belt, he's got investors for that.
 
dowie said:
He has money because he has backers, the council doesn't need to gamble w.r.t that.



There's clearly not 0% chance of finding it, if anything not exhausting all options would probably be worse. At least if he either finds it and it's unrecoverable or if he runs out of legal options to attempt it then he's tried what he could.
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Its buried in a landfill. Obviously there isn't 0% chance, I was being hyperbolic but no one is paying to go through likely hundreds of thousands of tonnes of compacted rubbish to find it. The costs could be over what he says he has. Where would they put the rubbish they've dug out and checked, they'd need another site until they've cleared enough to start putting it back in again. Maybe the council/contractor has some idea of how deep it might be if they have the approximate date but good luck. There is the health and safety as well, there will be some properly toxic crap in there in there that they are disturbing.
 
dowie said:
Yeah, there was a video posted earlier in this thread with Richard Hammond interviewing him etc.. I mean that's the whole thing, there are backers willing to finance this, he's not expecting the council to remove all the rubbish for him or to set up some AI scanning system on a conveyer belt, he's got investors for that.
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I watched that video.

They said the backers are prepared to commit funds "but not until they get the ok from the council". There was no mention of the amount, beneficiaries, payment schedule, guarantees or conditions. In short, nothing.

Realistically, no body would even start negotiations without cash on the table. They certainly wouldn't agree to the work.

At this point he is just an expensive time waster.
 
potatolord said:
I watched that video.

They said the backers are prepared to commit funds "but not until they get the ok from the council". There was no mention of the amount, beneficiaries, payment schedule, guarantees or conditions. In short, nothing.

Realistically, no body would even start negotiations without cash on the table. They certainly wouldn't agree to the work.

At this point he is just an expensive time waster.
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Well yes, they're not going to hand over funds to him if he doesn't have approval. He's quite clearly got backers for the project so the funds aren't the issue here.

Colonel_Klinck said:
I was being hyperbolic but no one is paying to go through likely hundreds of thousands of tonnes of compacted rubbish to find it.
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That's exactly what they're proposing to do.

Colonel_Klinck said:
The costs could be over what he says he has. Where would they put the rubbish they've dug out and checked, they'd need another site until they've cleared enough to start putting it back in again. Maybe the council/contractor has some idea of how deep it might be if they have the approximate date but good luck. There is the health and safety as well, there will be some properly toxic crap in there in there that they are disturbing.
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It's not like they haven't planned this, he's not just got some backers and some Elon Musk wannabe with a crazy plan re: some conveyer belt and AI, he's got people with industry knowledge on board, these aren't unforeseen things no one is going to have considered.
 
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potatolord said:
I watched that video.

They said the backers are prepared to commit funds "but not until they get the ok from the council". There was no mention of the amount, beneficiaries, payment schedule, guarantees or conditions. In short, nothing.

Realistically, no body would even start negotiations without cash on the table. They certainly wouldn't agree to the work.

At this point he is just an expensive time waster.
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That is sort of at least partly ,my take on it.

The council would want cast iron guarantees that it would be fully funded, with no disruption to services, and all the money including contigency funds and "clean up" funds in escrow accounts.

The potential for disruption to waste collection operations is immense depending on the site, as they'd need several times the "search area" set aside to do the sorting, storing of the sifted rubbish and to ensure there was no risk to employees, let alone the potential problems with regards to if the site is still active you then need to disrupt the schedule for placement of incoming waste (IIRC it's often done on a rotation to allow for things like settling and compressing) and routing incoming trucks around the "search", "sorting" and "sifted" areas.

That's not even going into any issues with regards to the gasses and smells that are likely to be released into the air when you start mucking around with the buried and partially decomposing waste materials which is not going to amuse people who live downwind.
 
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