Bitcoin Blunder Man Throws Away Millions
This man threw away a computer hard drive containing more
than $9 million of the digital currency Bitcoin.
James Howells, 28, binned the hard drive in the summer, but only
realized his mistake last Friday.
The IT worker threw away his Dell laptop after it started to
overheat, forgetting that it contained a digital wallet
containing 7,500 units of the virtual currency.
Staff at the Docksway landfill site in Newport, South Wales,
where the hard drive was taken, have told Mr. Howells that by
now it will be buried under at least three feet of waste in an
area the size of a football pitch.
Mr. Howells said: "It's absolutely devastating to be honest,
there's not a feeling I can compare it to."
He "mined" the Bitcoins in 2009 when they were worthless, but in
recent times they have gained real monetary value.
Mr. Howells only realized the value of what he had thrown away
after reading articles online about the rise of the digital
The laptop is buried at a landfill site in South Wales.
Because of the way the Bitcoin system works, there is no way of
retrieving them online.
Ownership resides within the hard drive they are stored on, so
unless the original working drive can be found, Mr. Howell has
no hope of recovering his lost millions.
An item thrown away in the summer would be buried under 25,000
cubic meters of waste and earth.