Little did he know at the time, that same hard drive contained a wallet filled with 7, Bitcoin, worth a cool £, ($,) in the. James Howells of Newport, Wales, shares his $11 million business plan to recover a hard drive with bitcoins on it from a dump. A digital 'wallet' containing 7, Bitcoins that James Howells generated on his laptop is buried under four feet of rubbish. BITCOIN DONATION BUTTON

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$270 Million of Bitcoin LOST In A Landfill

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He's been trying to get permission to search the landfill for his hard drive since then. Who is James Howells of lost-Bitcoin-in-landfill fame? Howells, a computer engineer living in Newport, Wales, was clearing out his room one day in when he mistakenly put a laptop hard drive with Bitcoin in the garbage. He had two identical drives in his drawer. One was blank and the other contained thousands of Bitcoins he had mined.

He realized his mistake months later. The hard drive that Howells mistakenly threw out supposedly had between 7, and 8, Bitcoins. Article continues below advertisement Did the Welsh man find the Bitcoin in the landfill? Howells has been seeking permission from Newport's city council to search the landfill for the hard drive drive, though the council has repeatedly denied his requests.

According to the city council, the work Howells intends to carry out raises environmental concerns and could disrupt operations at the landfill. At the time, the landfill was about the size of a football field, and it was about feet deep. So, finding a small hard drive in such a small space would be like finding a pin in a haystack.

A more important thing to consider would be the fact that the hard drive is most likely damaged and inoperable. Recently, James has been taking help from local residents to help him find the hard drive. And in case someone is able to do so, and the drive is readable, he will be paying them in millions. A lot of Bitcoin is lost this way. James is not the only one who has lost his Bitcoin. People who at least have access to the wallets but have forgotten their passwords have some hope.

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Bitcoin Owner Will Lose $260 Million If He Can’t Remember Password - TODAY

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