Currencies28561
Market Cap$ 2.26T-3.01%
24h Spot Volume$ 63.37B+0.08%
BTC Dominance50.01%-1.66%
ETH Gas5 Gwei
Cryptorank
CryptoRankNewsAI Highlight...

AI Highlights Slim Chances of Finding £275m Bitcoin Hard Drive in Landfill


AI Highlights Slim Chances of Finding £275m Bitcoin Hard Drive in Landfill
Feb, 17, 2024
2 min read
by CryptoPolitan
AI Highlights Slim Chances of Finding £275m Bitcoin Hard Drive in Landfill

An AI analysis has underscored the improbable nature of James Howells’ quest to retrieve his lost Bitcoin fortune, estimated at £275 million, from a landfill site. 

Howells, who inadvertently discarded an iPhone-sized hard drive containing the cryptocurrency ten years ago, has persistently urged Newport City Council to excavate the Docks Way landfill in hopes of recovering his digital wealth. 

However, the AI’s assessment points to five key reasons why the likelihood of success remains exceedingly low.

Time in Landfill Bitcoin recovery

The passage of time emerges as a significant impediment to Howells’ aspirations. With over a decade elapsed since the hard drive’s disposal in 2013, the landfill has received vast quantities of new waste, burying older layers deeper within its expansive 500-acre expanse. 

Furthermore, even if the drive were miraculously unearthed, the AI highlights the inevitable effects of technical degradation. After enduring years underground, exposed to environmental elements and physical stress, the hard drive is likely damaged beyond the point of data recovery.

Landfill size and operations

The sheer size of the landfill complicates matters further, likened to searching for a needle in a haystack. Despite Howells’ proposals of employing advanced technologies like robot dogs and AI for the recovery mission, the practicality and effectiveness of such approaches in the landfill’s challenging environment remain dubious. 

Additionally, the operations within landfills contribute to the diminishing prospects of locating specific items. Waste undergoes compaction and compression over time, further reducing the already minuscule space occupied by individual objects.

AI’s call for realistic expectations

While acknowledging Howells’ persistence and hope, the AI emphasizes the necessity of managing expectations realistically. It suggests that redirecting focus towards personal growth and resilience might yield more constructive outcomes than clinging to an improbable recovery. 

The overwhelming negative factors outlined by the AI point towards a conclusion that the chances of Howells retrieving his hard drive are, unfortunately, approaching zero.

Read the article at CryptoPolitan

Read More

Elliptic Unveils AI Model to Trace Bitcoin Money Laundering

Elliptic Unveils AI Model to Trace Bitcoin Money Laundering

A new artificial intelligence (AI) model has been announced by blockchain analysis fi...
May, 01, 2024
2 min read
by Coingape
Apple’s Sales Outlook and AI Innovations Shape 2024 Strategy

Apple’s Sales Outlook and AI Innovations Shape 2024 Strategy

Apple expects to see lagging sales in this year’s first quarter because they are goin...
May, 01, 2024
3 min read
by CryptoPolitan
CryptoRankNewsAI Highlight...

AI Highlights Slim Chances of Finding £275m Bitcoin Hard Drive in Landfill


AI Highlights Slim Chances of Finding £275m Bitcoin Hard Drive in Landfill
Feb, 17, 2024
2 min read
by CryptoPolitan
AI Highlights Slim Chances of Finding £275m Bitcoin Hard Drive in Landfill

An AI analysis has underscored the improbable nature of James Howells’ quest to retrieve his lost Bitcoin fortune, estimated at £275 million, from a landfill site. 

Howells, who inadvertently discarded an iPhone-sized hard drive containing the cryptocurrency ten years ago, has persistently urged Newport City Council to excavate the Docks Way landfill in hopes of recovering his digital wealth. 

However, the AI’s assessment points to five key reasons why the likelihood of success remains exceedingly low.

Time in Landfill Bitcoin recovery

The passage of time emerges as a significant impediment to Howells’ aspirations. With over a decade elapsed since the hard drive’s disposal in 2013, the landfill has received vast quantities of new waste, burying older layers deeper within its expansive 500-acre expanse. 

Furthermore, even if the drive were miraculously unearthed, the AI highlights the inevitable effects of technical degradation. After enduring years underground, exposed to environmental elements and physical stress, the hard drive is likely damaged beyond the point of data recovery.

Landfill size and operations

The sheer size of the landfill complicates matters further, likened to searching for a needle in a haystack. Despite Howells’ proposals of employing advanced technologies like robot dogs and AI for the recovery mission, the practicality and effectiveness of such approaches in the landfill’s challenging environment remain dubious. 

Additionally, the operations within landfills contribute to the diminishing prospects of locating specific items. Waste undergoes compaction and compression over time, further reducing the already minuscule space occupied by individual objects.

AI’s call for realistic expectations

While acknowledging Howells’ persistence and hope, the AI emphasizes the necessity of managing expectations realistically. It suggests that redirecting focus towards personal growth and resilience might yield more constructive outcomes than clinging to an improbable recovery. 

The overwhelming negative factors outlined by the AI point towards a conclusion that the chances of Howells retrieving his hard drive are, unfortunately, approaching zero.

Read the article at CryptoPolitan

Read More

Elliptic Unveils AI Model to Trace Bitcoin Money Laundering

Elliptic Unveils AI Model to Trace Bitcoin Money Laundering

A new artificial intelligence (AI) model has been announced by blockchain analysis fi...
May, 01, 2024
2 min read
by Coingape
Apple’s Sales Outlook and AI Innovations Shape 2024 Strategy

Apple’s Sales Outlook and AI Innovations Shape 2024 Strategy

Apple expects to see lagging sales in this year’s first quarter because they are goin...
May, 01, 2024
3 min read
by CryptoPolitan