4 ms·

The attitude of Newport council - everyone, really - seems pretty nuts to me. $7 million is about 185 kilos of gold. Imagine what would happen if someone lost t

The attitude of Newport council - everyone, really - seems pretty nuts to me. $7 million is about 185 kilos of gold. Imagine what would happen if someone lost that in a rubbish tip!

judk 13y ago
200kg of gold is of course easier to trawl out of a pile than one (possibly destroyed) hard drive is. Look forward to treasure hunters attacking the site though. Bitcoin disks may be the future of buried treasure.
- kamjam 13y ago
  I wonder how many hard drives are retrieved and then somehow rescued - which may no longer power up so expert help to recover data off the platters is required. Rinse. Repeat.
DanBC 13y ago
A soccer / football pitch has an area of about 7140 square metres. They say the drive could be "3 or 4 feet deep" - let's just call that one metre. So it's only 7140 cubic metres to search. Admittedly, that's 7140 cubic metres of foul trash. It will include soiled babies diapers, rotting food, female sanitary products, tins, bottles, etc etc. Assuming you could find the drive at a cost of one million. (roughly £140 per cubic metre) That'd give you 6 million to share between you and the council. I guess you could add some environmental fixing thing in there (removing any electronics that are found, recycling any glass or metals vent methane, etc, and give them £2m, and keep the rest?
- hnha 13y ago
  Would you be willing to bet that it would still be worth as much when you find it? It's not gold, it's bitcoins. This sounds like it would be an incredibly unwise and risky investment, even if you pretend that you will definitely find the hdd.
  - DanBC 13y ago
    Sure, but you can say that about a whole bunch of start ups.
- brazzy 13y ago
  The problem: even if you find the derive after spending all that money, there is a very good chance it is completely unreadable after spending months in a landfill.

The attitude of Newport council - everyone, really - seems pretty nuts to me. $7 million is about 185 kilos of gold. Imagine what would happen if someone lost that in a rubbish tip!

judk 13y ago

200kg of gold is of course easier to trawl out of a pile than one (possibly destroyed) hard drive is. Look forward to treasure hunters attacking the site though. Bitcoin disks may be the future of buried treasure.

kamjam 13y ago
I wonder how many hard drives are retrieved and then somehow rescued - which may no longer power up so expert help to recover data off the platters is required. Rinse. Repeat.

DanBC 13y ago

A soccer / football pitch has an area of about 7140 square metres. They say the drive could be "3 or 4 feet deep" - let's just call that one metre. So it's only 7140 cubic metres to search. Admittedly, that's 7140 cubic metres of foul trash. It will include soiled babies diapers, rotting food, female sanitary products, tins, bottles, etc etc. Assuming you could find the drive at a cost of one million. (roughly £140 per cubic metre) That'd give you 6 million to share between you and the council. I guess you could add some environmental fixing thing in there (removing any electronics that are found, recycling any glass or metals vent methane, etc, and give them £2m, and keep the rest?

hnha 13y ago
Would you be willing to bet that it would still be worth as much when you find it? It's not gold, it's bitcoins. This sounds like it would be an incredibly unwise and risky investment, even if you pretend that you will definitely find the hdd.
- DanBC 13y ago
  Sure, but you can say that about a whole bunch of start ups.
brazzy 13y ago
The problem: even if you find the derive after spending all that money, there is a very good chance it is completely unreadable after spending months in a landfill.