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Crypto investor James Howells accidentally threw away a disk containing 7,500 bitcoins 10 years ago.
In the UK, on the territory of the city's Newport landfill, a real drama unfolded related to the search for a hard drive that stores 7,500 bitcoins worth more than $568.4 million.
Crypto investor James Howells lost a hard drive 10 years ago when he accidentally threw the drive away along with his home trash. Since then, Howells has been trying to recover the disk, which may be under one of two small piles of debris, weighing a total of 100,000 tons.
Newport City Dump
Newport Local Council, which owns the landfill site, has installed round-the-clock video surveillance and security, and refuses access to the landfill, citing strict environmental regulations. Employees of the landfill, although they express sympathy for Howells and his efforts, believe that it will be almost impossible to find the disk.
The situation is complicated by the fact that the lost bitcoins, which are now estimated to be worth more than $568.4 million, could significantly improve the financial situation of the Newport local Council, which is suffering from a lack of funds. Howells offered the board a portion of the funds if the disk was successfully extracted, but his proposals were rejected.
Residents of Newport express sympathy for Howells, emphasizing that the funds could go to social needs, including housing construction. Howells himself does not lose hope of recovering the lost property and is preparing for a legal battle with the local council, claiming a possible significant increase in the value of bitcoins in the future.
In the UK, on the territory of the city's Newport landfill, a real drama unfolded related to the search for a hard drive that stores 7,500 bitcoins worth more than $568.4 million.
Crypto investor James Howells lost a hard drive 10 years ago when he accidentally threw the drive away along with his home trash. Since then, Howells has been trying to recover the disk, which may be under one of two small piles of debris, weighing a total of 100,000 tons.
Newport City Dump
Newport Local Council, which owns the landfill site, has installed round-the-clock video surveillance and security, and refuses access to the landfill, citing strict environmental regulations. Employees of the landfill, although they express sympathy for Howells and his efforts, believe that it will be almost impossible to find the disk.
The situation is complicated by the fact that the lost bitcoins, which are now estimated to be worth more than $568.4 million, could significantly improve the financial situation of the Newport local Council, which is suffering from a lack of funds. Howells offered the board a portion of the funds if the disk was successfully extracted, but his proposals were rejected.
Residents of Newport express sympathy for Howells, emphasizing that the funds could go to social needs, including housing construction. Howells himself does not lose hope of recovering the lost property and is preparing for a legal battle with the local council, claiming a possible significant increase in the value of bitcoins in the future.
