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 threw out the hard drive that contained his bitcoin private keys in summer 2013 when he was clearing out his desk. After he realized his mistake, he asked the council for permission to search the city’s landfill site but his requests have been denied so far. He admitted:
I had two identical hard drives and I threw out the wrong one.
The Newport resident is now offering his city council 25% of the bitcoin stored in the…