Pictured: James Howells at the Newport Amenity Centre and landfill site where his hard drive is believed to be located, south Wales.
Re: James Howells threw out a hard drive in 2013, that it contained bitcoin which even then was worth “a few hundred thousand pounds”. It is now worth an estimated $100m
The 32-year-old from Newport, Wales, mined Bitcoin - a complex process - on his laptop in 2009. He mined 7,500 bitcoins which he saved in a wallet file on his computer... more »
Pictured: James Howells at the Newport Amenity Centre and landfill site where his hard drive is believed to be located, south Wales.
Re: James Howells threw out a hard drive in 2013, that it contained bitcoin which even then was worth “a few hundred thousand pounds”. It is now worth an estimated $100m
The 32-year-old from Newport, Wales, mined Bitcoin - a complex process - on his laptop in 2009. He mined 7,500 bitcoins which he saved in a wallet file on his computer hard drive.
The laptop he used was broken into parts and sold on eBay but kept the hard drive in a drawer at home knowing it contained Bitcoin private keys, so that if Bitcoin did become valuable one day he would still have the coins he had mined.
In mid-2013 during a clear-out, the hard drive - then worth a few hundred thousand pounds - was mistakenly thrown out and put into a general waste bin at his local landfill site, after which it was buried on site. « less