The man who accidentally dumped $ 700 million in Bitcoin wants to buy a depot to find it
James Howells, a British IT worker, gained over 7,500 bitcoins in 2009 when they were S Now is one -one bitcoin appreciating its hiding place at over $ 700 million. Unfortunately, Howells accidentally threw the hard disk that stores the key in the garbage. He has a scheme to return that money, S He wants to buy the landfill where he can be buried and dug him.
Howlls does not know exactly where the hard disk is, but there is a solid assumption based on the one when he threw it into the bin. He narrowed it to a certain section of the landfill in South Wales, which houses 15,000 metric tonnes of waste. The depot is approaching the maximum capacity, so Howells wants to buy it from the city. Officials have warned that the hard drive is “buried under 25,000 cubic meters of waste and land” since it has been there for almost 12 years.
Although the city did not make a final decision, it does not look good for Howells and its needle in hay. There are serious environmental hazards to accidentally dig a depot. The excavation process would be risky and expensive. The depot will then have to be attached, another expensive project. The city also has plans to build a solar farm on part of the earth.
Finally, there is the hard drive itself. Will there be something restored after tons and tons of garbage for 12 years? It seems very unlikely, although Howells and his investors must have some serious data retrieval specialists.
James Howells randomly dumped $ 750 million Bitcoin a decade ago and has been trying to restore the hard drive from a depot. Today, a judge has rejected his last search attempt in 110,000 tonnes of garbage for his digital gold. Pic.twitter.com/douidzddqo
– Document â‚¿itcoin 📄 (@documentingbtc) January 11, 2025
This is only Howels’ last attempt to treat the depot as an archaeological digging site, looking for its lost wealth. He has been in this for more than a decade. In 2017, allow him to dig and the officials said no, And the fear of inciting treasure hunters to descend to the landfill with shovels.
In 2021, he tried to sweeten the pot by offering the city 25 percent of the restored bitcoin. Once more, S In 2022, Howells came out with a particularly bizarre scheme that included sending to do digging. You can imagine what the city said to this one (it was not.)
There was another attempt at who did not gain grip. Finally, Howells decided to sue the city of Newport for the right to move around the landfill as a truly rude, nourished by Indiana Jones. Judge Recognizing that the case does not have a “realistic perspective of success”.
I lost, they won.
Can appeal.
See what is happening.
This is what it is.
End of history …
So far !!! 🤬
– James Howells (@howelzy) January 9, 2025
So there we are now. Howels and his investors are trying to buy the landfill while the city is considering it. We will update this post when we get some closure of this particularly bizarre story about the search for a person for wealth. In other news, this will completely become a limited peacock series or something, right?
This article originally appeared at Engadget at https://www.engadget.com/general/the-guy- Ho-accidentally-hrew-away-700- Million–bitcoin-wants-to-Buy-A-Landfill- to -find-IT-165314378.html? Src = RSS