TheImpressiveX@lemm.ee to Technology@lemmy.worldEnglish · 2 days agoMan who lost $780 million in Bitcoin in a landfill now wants to buy the entire dump before city closes the sitewww.tomshardware.comexternal-linkmessage-square80fedilinkarrow-up1370arrow-down111cross-posted to: technology@lemmy.worldinterestingshare@lemmy.zip
arrow-up1359arrow-down1external-linkMan who lost $780 million in Bitcoin in a landfill now wants to buy the entire dump before city closes the sitewww.tomshardware.comTheImpressiveX@lemm.ee to Technology@lemmy.worldEnglish · 2 days agomessage-square80fedilinkcross-posted to: technology@lemmy.worldinterestingshare@lemmy.zip
minus-squarecatloaf@lemm.eelinkfedilinkEnglisharrow-up8·1 day agoVery low. I think he dropped below the break-even point on this several years ago.
minus-squarefinitebanjo@lemmy.worldlinkfedilinkEnglisharrow-up3·18 hours agoThing is, the drive increases in value all the time.
minus-squareJackFrostNCola@lemmy.worldlinkfedilinkEnglisharrow-up2·12 hours agoThing is, the drive data retention decreases over time
minus-squarefinitebanjo@lemmy.worldlinkfedilinkEnglisharrow-up1·12 hours agoYeah but theres no way of knowing if its viable or not at this point, so the only known factor is the value of BTC and the cost of money spent searching for the drive. Even if it fails break even (cost > value) that changes over time.
Very low. I think he dropped below the break-even point on this several years ago.
Thing is, the drive increases in value all the time.
Thing is, the drive data retention decreases over time
Yeah but theres no way of knowing if its viable or not at this point, so the only known factor is the value of BTC and the cost of money spent searching for the drive. Even if it fails break even (cost > value) that changes over time.