Welsh engineer James Howells, 36, wants to dig up lost bitcoins with the help of two $150,000 robot dogs.
Nine years ago, Howells scrapped a hard drive containing 8,000 bitcoins, now worth $169 million. To recover the digital assets, James wants to build robot dogs that will dig through and sort through about 50 tons of garbage. The Briton needs two robots so that one works while the other’s battery charges.
Implementing James’ plan will require an investment of $6 million. He estimates it will take 18 to 36 months to dig up the winchester. The engineer’s project has agreed to be funded by venture capitalists Carl Wendeborn and Hanspeter Yaberg.
If the robot dogs dig up the hard drive, Howells could have trouble keeping the device running because of possible damage to the hard drive. However, James had the foresight to make arrangements with employees of a company that does data recovery from recording devices. He did not disclose the name of the company, but noted that its specialists extracted information from the black box of the crashed space shuttle.