I had similar problems with different IBM hard drives; some of them just wouldn't work, period. I did end up using an IBM drive, but one IBM definitely didn't work. You might check other discarded components for the mini-size jumpers, I seem to remember I cannabalized an old nonworking HD unit that had a couple on the visible underside of the board.
The easiest way to tell the difference between V1 and V2, as I understand it, is that V1 had a female demo voice and V2 had a male demo voice. I have a V2, no epoxy but somewhat frustrating bios, so I needed to use the method that mimics the Sandisk partition on the HD and allows you to run QNX flash. It took a few tries, as I recall, though it's been a while.
Please...not in the trash. I know the frustration, have a friend who regularly takes malfunctioning electronics to an anvil in his garage, but someone will want it and perhaps give you a couple bucks. Let go of your anger, Grasshopper...