I do a treasure hunt ($750,000.00 CAD todays value tracked down!) drilling down into an old bitcoin mining computer with a trip to Vancouver:steemCreated with Sketch.

in #bitcoin7 years ago (edited)

My good friend mentioned over supper that his brother used to mine bitcoin and could not remember if he ever dealt with the bitcoin that may be on the old miner:
IMG_20170805_180848.jpg
This is the box with it's owner who we will call Ernie.

As you can see the computer still has a 3.5" floppy drive and is called Tranquility.IMG_20170805_190915.jpg

Ernie said he decided to mine bitcoin because one of his clients asked him to and that client would take payment in bitcoin. Ernie could not remember if he ever dealt with the bitcoins that may have been mined. Ernie's brother suggested he talk to me as he knew I was into the new audit technology of blockchain.

I was laughing last night as we took the machine apart as he said we would have never thought a few years back that we would be hanging out and discussing and dealing with four different crypto-currencies: Bitcoin, Bitcoin cash, Dash and Steem.

IMG_20170811_190634.jpg

IMG_20170811_190458.jpg

As you can see in one of the pics above the machine hard drive was dated 2010. We got pretty excited when we researched that the bitcoins at that time were only worth .08 each. His heart started to beat pretty fast as anxiety set in thinking that the block rewards at the time were 50 bitcoins per machine a value today at near $250,000.00 CAD.

He took precautions with the computer hardware and software. He made sure to remove and static from his body as he took the hard drive out. He then plugged in an IDE to USB cable adapter to the hard drive and then plugged it into a Tripp-Lite surge protector and his computer server. He named a new file called treasurehunt1.img to be used to copy the hard drive and use that copy for investigation. We discovered two hard drives at 500 gigabyte each and were set up a RAID-1 configuration. The one drive main partition proved to be corrupt but after mounting the second drive we found files and one specifically called "bitcoin". We found a file called wallet.dat and copied that for future activation. He then discovered the executable mining program and transferred that to a USB stick and ran it off line air-gapped old laptop. Again, anxiety ran pretty high when the software was dated Dec 2009 and bitcoin genesis block occurred near Jan 2009. The wallet file was dated for May 2010.

The computer was in Vancouver BC and I was in Calgary Alberta. I am in Calgary waiting for the refurbishing of a 1985 VW Camper Van and you can read about my moving into my 50 square foot van and traveling the Americas here.

So since I was sitting in Calgary just playing the wait game and had rented a car with unlimited mileage I thought a trip to see a friend in Vancouver would be cool. I hoped to be able to connect with Ernie and see if he was ready to do a forensic analysis on his old bitcoin miner.

Here are a few pictures of the trip and if you zoom up you will see some of the current British Columbia fires:
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I was even turned around because of road closures.

I was able to connect with Ernie and had a good two hour discussion with him on Global Monetary Policy. You can read more on my writings on that topic here.

Here was a stop near Revelstoke BC on my way back I jumped into the lake which was I think the warmest lake I have ever swam in:
IMG_20170806_131900.jpg

I was able to catch up with an old friend in Vancouver and thought I would stay a few days but when I could not find a hotel room as it was the long weekend I headed back home. I stopped and slept in the rental car at a rest stop on the way back.

When we finally launched the bitcoin mining software we discovered these transactions:
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This was extremely exciting because the mining software and hardware had mined 150 bitcoin (BTC). The only concern we saw was that the 150 BTC were transferred out a week after. Today's value of those 150 BTC is $750,000.00 and at the time was probably closer to $12.00 CAD

We have sent Ernie a preliminary report and asked him to investigate his email chains around May 2010 to see if he can confirm his transfer of those 150 BTC. Here is the address: https://blockchain.info/address/1J59DetjnoyMuMwTrQFVtdKxWnA8xgrbfM

For further reading of my writings and thoughts on global monetary policy follow this link.

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Another spammer on greenman's blog MR Sohan

that's not true

Just check your comments page ;)

Here is another one. Mr. President down vote all of them.

@hackerwhacker don't be over smart. What can i do ? Can you told me.... You are Just Bullshit .... I am sorry for using this word... But You are not good ... You just heard me... You Brock my heart .......

So all you 3 people respond on same day at same time and I should think you all are different?

Please stop doing this Fucking Stupid thing .

I will let the language in your comment do the talking.

Here is another one. I think they are both the same.

Hay you @hackerwhacker .... We are not the same .... Check My Blog ..... Are You totally mad or crazy ..... I love the name so i use it........ If you need to check , than click the link and check it .......

https://steemit.com/introduceyourself/@devrajlove/introducemyself

Here is another proof that you guys are same.

Who is this @amirican-pie ? And why are you send me his activity ? And who are you to proof this ? Don't do this rubbish things again

Never Say that again .... Don't judge a by it's cover ....

@rakiblove is trying to spam all your posts.

Same of You @hackerwhacker....... Why you think i am trying to spam all of @greenman Posts.....
@Greenman is a Creative person.. And i respect Him so much ... I read each of his posts and leave my comment .... So what i am doing wrong ? You just Shut up @hackerwhacker

U5drtJzEyF54iGLreekAYSJJVuuVs3L.gif

This post has been ranked within the top 50 most undervalued posts in the first half of Aug 13. We estimate that this post is undervalued by $17.23 as compared to a scenario in which every voter had an equal say.

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Good decision,
Thanks for the suggestions

1502772945454.jpg
Greenman Please removed your upvotes this junkies are 3 times commenting on your single articles I don't know why they again and again commenting on your posts it's really cheap things to take rewards from you Like that:))

Thanks for heads up!

right

that's right

yea i agree

oh yeah!!
;)

Respected Sir, I do multiple comments for purpose bcoz once i have new feelings or thoughts i tell you here on article. i am not here for just collecting upvotes, i love to read your articles ok if doing reading i do multiple comments then they are called junkies by @raghwendra just bcoz you upvote the comments ok i don't do it again. but i continue to read and support your articles sir you are one of my favorite authors here on steemit, the peoples like @raghwendra won't stop me doing this.

Haahaaa new felling only for greenman. sound is not great and if you asked me for upvote them checked it right now my power of worth is 0.01 and I'm giving to few peoples and greenman is one of these.

what can i do @raghwendra, if it sounds not great to you, the peoples with negative thinking can only sounds negative and in doing all this they only harm themselves nothing else.

Actually, I just recently made a post with this guy in it, and his (or her) other 8 accounts.
https://steemit.com/steemit/@droucil/busted-observing-one-hell-of-a-steem-commentator-miner

That was great to read wonderful share by you
and those pics OMG just wowww

Damn... interesting story and my heart was pumping near the end.
Thats allot of cash to find lying around!
Too bad you guys didnt find any :(

I was thinking of looking into old computer HD seeking BTC.
I heard some companies have been doing that

If you need any help with a forensic analysis call on us we have credible reference.

Lol, is forensic analysis neccessary?

If i find old computer hds around 2010 couldnt i just look for wallet.dat files and extract it?
Or is there some nasty process to retrieve the coins?

Yes you could along with risking $750,000.00.

Good point there... lol

Well, if i come across some i know who to talk to.
Good luck hunting

Yes you are right.....

i want to swim in this lake.......

oh yeah thank you for your kind information@greenman

Oh my god.... interesting story and my heart was pumping near the end.really huge sum of bitcoins.

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