Bitcoins worth millions lost in landfill

Yes, add me to your mailing list. One such man here is James Howells, who has been searching for the hard drive with his Bitcoin for 8 years now. James accidentally threw his hard drive containing the Bitcoins in a landfill back in So, now he is seeking permission to be allowed to go through the landfill to find his hard drive.

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Bitcoins worth millions lost in landfill

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WATCH RELATED VIDEO: This man threw away $6 million worth of Bitcoins - BBC NEWS

Bitcoin: Newport man's plea to find £210m hard drive in tip

We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. To learn more or opt-out, read our Cookie Policy. James Howells amassed 7, bitcoins in , but disposed of the hard drive they were stored on earlier in after it sat unused in a drawer for three years. Howells — who says he'd "never thrown a hard drive out before" — had dismantled the computer he'd used to collect them after spilling a drink on it, eventually disposing of the drive in a "clearout of old IT equipment.

Howells isn't optimistic about his chances of recovering his bitcoins. According to BBC News , he was told by the dump's manager that his million-dollar drive "could be 3 to 5 feet deep" in the landfill the size of a soccer field. Officials who search the landfill for evidence in criminal cases do so "with 15 to 20 people in full protective gear with diggers and dogs as well. Subscribe to get the best Verge-approved tech deals of the week.

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Health Energy Environment. YouTube Instagram Adobe. Kickstarter Tumblr Art Club. Film TV Games. Fortnite Game of Thrones Books. Comics Music. Filed under: Web Cryptocurrency. Linkedin Reddit Pocket Flipboard Email. Bitcoins Casascius. The hard drive could be "3 to 5 feet deep" in garbage Howells isn't optimistic about his chances of recovering his bitcoins.

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Man Who Threw Away a Fortune in Bitcoin Now Looking to Dig Up a Landfill

Stefan Thomas is a smart guy. He was getting paid in crypto when you and I had never heard of crypto. Specifically, Thomas was paid 7, bitcoins. At the time, a single bitcoin was worth a few dollars. Thomas put all his bitcoins in a digital wallet.

The drive contains bitcoin, worth more than $ million. New Yorker Staff Writer D.T. Max, spoke to James Howells about his search.

British man accidentally threw out bitcoins worth $273 million. Here's how he plans to retrieve it

Daniel Kuhn. Daniel Kuhn is a features reporter and assistant opinion editor for CoinDesk's Layer 2. The New Yorker recently published a profile about early bitcoin user James Howells, who mined about 7, BTC using his gaming computer in , only to discard the hard drive storing his private keys while cleaning his home office. Howells thinks he has a decent chance of recovering the hard drive. That project would dig up and sort through 40, tons of household waste, buried for nearly a decade. You can subscribe to get the full newsletter here. The story is familiar enough: There are plenty of tragic tales about people throwing out their old computers, forgetting passwords or getting hacked. Sometimes people regret spending bitcoin too soon. One South Carolina hypnotist even markets services around helping people recall forgotten private key pairs. Sad though it may be for Howells, this is simply how bitcoin works.

British man who threw away a hard drive with 7,500 bitcoins is on a scavenger hunt 8 years later

bitcoins worth millions lost in landfill

He will be a rich man if he finds the hard drive with bitcoins he threw away, now buried deep under garbage at landfill. A landfill compactor used to bury garbage in a landfill. Source: Wikipedia. James Howells, 28, obtained 7, bitcoins in when the currency was virtually worthless. Howells left the hard drive in a drawer for several years, and threw it away earlier this year without a second thought.

It's only taken four years but early Bitcoin investors who put their money in Mt. Gox may at last be about to get some of their coins back.

Man loses $357 million worth Bitcoins with lost hard drive

What would you do if you realise one fine day that you have inadvertently thrown away something precious into a pit filled with dirt? You may or may not search for it. Well, a man named James Howells from Welsh is living this nightmare after throwing away Bitcoins worth millions into a landfill a few years ago and is still hasn't lost hope of getting it back. The unfortunate incident happened in when Howells decided to get rid of a hard drive extracted from his spoilt Dell laptop three years ago. He realised only several months after throwing away the hard drive into the trash that he had actually stored 7, Bitcoins in it.

Man who lost bitcoin worth $510m in rubbish tip plans 12 month landfill search using radar and AI

Ever regretted throwing away something that turned out to be valuable? Spare a thought for this bloke from the UK who mistakenly threw away a hard drive that contained Bitcoins worth millions. James Howells, a year-old IT worker from Newport in the UK, claimed he unintentionally threw away a hard disk that contained 7, units of cryptocurrency in The value of Bitcoin wasn't very high back then. They were just within the hundreds of thousands of pounds mark. Howells has spent the last seven years seeking permission from the Newport City Council to search its landfill site. According to reports, he has now offered cash prizes to anyone who can find the dumped hard drive.

A man from Britain accidentally threw out a hard drive which had Bitcoins, only realising after it was lost. In exchange for help from local.

A UK programmer has been desperately trying for eight years to recover his old hard drive containing a password to a digital wallet. He is now in talks with a company that helped NASA recover data from an exploded space shuttle. James Howells from South Wales mined bitcoins at the time when it cost almost nothing and the cryptocurrency was known only in narrow tech circles.

But James Howells, 36, fears stubborn council bosses are willing to leave the treasure chest of Bitcoin buried under piles of rubbish - after he accidentally dumped his hard drive at a tip in James is being refused permission to search for the old computer parts - despite offering a quarter of any fortune to the council. James has contacted engineers, environmentalists and data recovery experts from around the world in his bid to carry out the search. His "consortium of experts" now includes Ontrack - the data-recovery firm which salvaged the charred and battered hard drive from the Columbia space shuttle after it plunged to Earth in

Whilst doing some Spring cleaning back in , a man threw his old PC hard drive into the trash, which quickly joined the mountain of rubbish at his local landfill site in Newport, Wales, UK. Little did he know at the time, that same hard drive contained a wallet filled with

He wants to excavate the garbage dump to find it. I'm just wondering what that would look like. It seems a Sisyphean task at best, like seeking a needle in a haystack. And how do you make sure you don't accidentally damage a hard drive with an excavator? What makes him think the hard drive is not already damaged because it has been driven over or just the weight of garbage crushing it? What if his hard drive went through one of those conveyor belts with a giant magnet above it to separate metals?

The device is now buried under a mountain of garbage at a landfill site in Wales. It will be almost impossible to find. James Howells got rid of the drive, which holds a digital store of 7, bitcoins, between June and August this year.

Comments: 3
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  1. Darach

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