I used a 1/64 drill bit given to me by my Father-In-Law last November (two days before hunting season) when a smashed my Right middle finger at work. Solid steel rod weighed about 40 pounds and no broken. The nail fell off around March and was completely fine around Memorial Day weekend. I could have removed the nail sooner, but kept it on and washed it daily, to protect the nailbed.
That drill bit now resides in a safe place for future use. The thing with a 1/16 bit, is you have to keep that thing clean more so, than a 1/64, to avoid infection.
I know we've had go-rounds, but get anal retentive about keeping that nail infection free.