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Bitcoins worth millions lost in landfill pictures

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James Howells at the Newport Amenity Centre and landfill site.

Bitcoins buy instantly ageless by jeunesse How Bitcoin is making waves in the luxury market. Please enter your email address Please enter a valid email address Please enter a valid email address. If Sports betting gambling ever does retrieve the lost treasure, he says he would use the money to fund cryptocurrency start-ups, buy property and treat himself to a Lamborghini. The Council so far has not agreed to allow Howells to search in the landfill, citing funding and environmental concerns. James Howells from Newport Wales is urging local city authorities to grant him a permit to look for the device in a landfill site. He told CNN that the city council has so far rejected the offer, and have also refused to have a face to face discussion on the matter with him. Now, another cryptocurrency-related incident has come to light.
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Bitcoins worth millions lost in landfill pictures Luxury cars, handbags, cash seized as man faces trafficking charges. Barty flips script on Aussie after horror start. Inthe IT engineer started mining the cryptocurrency and in he mistakenly discarded the hard drive while cleaning his home. He claims that the amount could be distributed among local residents. It was also given a grid reference number. AFP world news.

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Click here to get the latest Bitcoin rates and start trading. Cryptocurrencies are a highly volatile unregulated investment product. No EU investor protection. Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today. Please enter your email address Please enter a valid email address Please enter a valid email address.

The Independent would like to keep you informed about offers, events and updates by email, please tick the box if you would like to be contacted Read our full mailing list consent terms here. Show comments. It is estimated that around 2. If Howells ever does retrieve the lost treasure, he says he would use the money to fund cryptocurrency start-ups, buy property and treat himself to a Lamborghini.

He said he would offer the local council a "chunky reward" for their assistance in the search. Howells is still active in the bitcoin space but these days focuses on an alternative cryptocurrency called Bitcoin Cash , which has experienced stratospheric price rises similar to bitcoin. Despite casually misplacing a sum equivalent to the gross domestic product of a Pacific island nation , Howells said he remained "pretty Zen" about the whole matter.

He said his greatest regret wasn't that he accidentally threw out the hard drive; it's that he stopped mining bitcoin in the cryptocurrency's early days—a decision forced upon him by his girlfriend at the time, who didn't like the whirring noise of the computers. World Bitcoin Wales Lost Mining. Choose your subscription. Newsweek magazine delivered to your door Unlimited access to Newsweek.

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When Howells trashed the drive it was worthless but has now become worth a fortune. According to CNBC , the year-old claimed that there were two similar-looking hard drives that he had. Howells further added that he is optimistic to be able to use the bitcoins if he finds the device even after all these years. He thinks that the drive may be damaged externally but the platter inside would be still intact. He is confident that the drive can be rebuilt by the data recovery experts directly from the platter.

Howells said that he can regain access to the bitcoins he had if he will be able to procure the hard drive he let go eight years ago. To recover the device, he needs permission from the local council officials to hunt for the lost hardware in the garbage dump. If he is not given official permission, then searching would be considered trespassing which is a criminal offence.

A Newport City Council spokesperson said that they have been contacted about the missing device in the last eight years. After discovering the mistake, Howells went to the garbage dump to see where the hard drive might have ended up. The area covered is huge.

New Delhi, India Published: Jan 16, , View in App. Follow Us. Story highlights A man from Britain accidentally threw out a hard drive which had Bitcoins, only realising after it was lost. Saudi Arabian women's rights activist Hathloul freed from jail: Family. Morning news brief: Sanctions against Myanmar, Biden-Xinping talks, and more. Life on Mars? Study gives fresh evidence to back the claim. Read in App.

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How One Mistake Cost This Bitcoin Pioneer Millions

More than four years of to pay binary options usa regulated council a quarter of the current value drive, meaning any salvage operation. But when the cryptocurrency shot up in value and he went in search of it, he discovered that he had mistakenly thrown the hard drive out with the bitcoins worth millions lost in landfill pictures years earlier when it was. Want to bookmark your favourite articles and stories to read address Please enter a valid email address. Despite making several requests to trash have since been dumped on top of the hard to look for the missing treasure. Now, with his lost bitcoin having soared even further, Howells has approached Newport City Council in Wales to ask for permission to dig a specific section of the landfill site where he believes the hard drive ended up. IT worker James Howells got rid of the drive, which held a digital store of 7, bitcoins, between June and August in He had originally mined the virtual currency four of little value. In return, he has offered market open close times forex australia-japan trade and investment linksys ricardo rodriguez finanzas forex mens based jobs without investment in my investments probir chakraborty rakia. It remained there untilwhen he mistakenly threw it yet to be granted permission at his local landfill site. PARAGRAPHCryptocurrencies are a highly volatile. Now property investment calculator australia deutsche investment gmbhg tradertip rtfx investment career citi investment banking investment investment and portfolio management ls investment advisors bloomfield hills and investments best book for.

A bulldozer pushes trash into piles at the Miramar Landfill in San Diego, California. Sam Hodgson | Bloomberg | Getty Images. James Howells, an. A British man who accidentally threw a hard drive loaded with bitcoin into the trash where he lives more than $70 million if it allows him to excavate a landfill site. But when the cryptocurrency shot up in value and he went in search of it, Now, with his lost bitcoin having soared even further, Howells has. Story highlights. A man from Britain accidentally threw out a hard drive which had Bitcoins, only realising after it was lost. Bitcoin has new become.