This Guy Dumped 7,500 Bitcoins Worth $100 Million, Now Digging Landfill Site

In News
What could
have been a wealthy fortune for a British man has turned into a
task that now requires an extensive hard work. A Newport-based IT
worker James Howells claims that he mistakenly dumped his hard
drive containing 7,500 Bitcoins back in mid-2013.

Howells might have started to regret his mistake even more as
the value of the cryptocurrency has soared past $14,000. He
believes that his hard drive worth millions is buried in a
landfill and his recovery plan seems to be like finding a
needle in a haystack.

Howells now considers digging up the landfill to find his
precious hard drive. But there are problems involved as the
project would be costly and it would also pose environmental
consequences including the release of toxic gases and landfill
fires. However, this is not the first time. He started
searching for the hard drive in 2013 when Bitcoin crossed
$1,000.

If today’s value of Bitcoin (at the time of writing) is to be
considered, he was sitting on top of around $10,77,74,962.50.
This seems to be nothing when hearing about 3.79 million bitcoins going out of
circulation
.

Howells started mining Bitcoins in 2009 using his computer to
solve maths problems and earn rewards. His girlfriend would
often complain about the noise coming out of the laptop when it
was busy churning out cryptocurrency.

The Bitcoin mining came to a halt after he once spilled
lemonade on his laptop. He disassembled his laptop and sold
individual pieces on eBay, but the hard drive remained in his
draw for a while before being thrown in the garbage.

In the past, Howells said the hard drive slipped off his mind
due to distractions of relocating his house and family life.
Hopefully, he manages to find his hard drive. But another
concern is whether the hard drive work or not after all these
years.

Also Read: Here’s How $30 Billion In Bitcoins Got Lost
Forever

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