Man Accidentally Threw Away Hard Drive With 7,500 Bitcoins, Offers City $72 M...
A man has accidentally thrown away a hard drive containing 7,500 bitcoins. He is now offering his city 25% of the value of the bitcoins stored in the hard drive for permission to search the city’s landfill site. His bitcoins are now worth almost $300 million at the current price. In Search of Hard Drive Containing 7,500 Bitcoins James Howells, an IT engineer, mistakenly threw away the hard drive of an old computer containing 7,500 bitcoins. The coins, worth almost $300 million at the current price, is now in a landfill site in Newport, South Wales. The 35-year-old explained that he....
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The British man who accidentally threw away a computer with 7,500 bitcoins on its hard drive has come up with a new plan to retrieve his lost coins from the city landfill. “We estimate there are between 300,000 – 400,000 tons of waste to look through,” he said. Man on Mission to Retrieve 7,500 Lost Bitcoins James Howells, an IT engineer who accidentally threw away the hard drive of an old computer containing 7,500 bitcoins back in 2013, has not given up his quest to retrieve his coins. The 35-year-old from the city of Newport in the U.K. has shared with The Sun....
A man from Newport, Wales, doesn't know whether to laugh or cry having recently realised he accidentally threw away £4m worth ($6.5m) of bitcoins. James Howells decided to give bitcoin mining a go back in 2009 and managed to mine around 7,500 bitcoins using his computer, the Guardian reports. At the time of writing, the price of 7,500 BTC, according to the CoinDesk BPI, is just under £4.2m. Hype around digital currency was pretty low back in 2009 and Howells decided to give up mining after his girlfriend complained about the noise and heat coming from his computer as a result of the mining....
An IT engineer accidentally discarded his Bitcoin fortune over seven years ago while cleaning his house. James Howells, the owner of a discarded hard drive with 7,500 Bitcoin (BTC), has made a fresh plea to excavate a landfill site and possibly recover the device.Back in 2013, Howells accidentally threw away a hard drive containing 7,500 BTC while cleaning his house. The Bitcoin stash came from Howell’s mining activity back when it was still possible to use CPUs to mine Bitcoin/By November 2013, the Bitcoin in the hard drive was already worth $6.5 million and Howell has been trying to....
Just some of the addresses included at btcburns.cf. James Howells threw a hard drive with 7,500 bitcoins away. He had mined the coins back when they were worth very little. He has yet to find his hard drive at the dump. Dump workers say he never will. Howell is not the first person - nor the last - to lose bitcoins. According to the website btcburns.cf, 397 bitcoin addresses have burned 2,673.4075 bitcoins. There have been 15,617,100 bitcoins mined, meaning 0.018289588948355% of bitcoins created have been burned. Approximately 0.0002 are burned for each bitcoin mined. If this rate remains....
A UK IT engineer who mistakenly threw away a hard drive with around £210 million ($288 million) of bitcoin on it is applying to the local government to search wasteland for the device. Read more: UK Treasury Calls for Feedback on Approach to Cryptocurrency and Stablecoin Regulation