One of the things you should never throw in the garbage – A Hard Drive containing 7,500 Bitcoins worth $ 296 million

Once again, British media outlets became interested in the case of a Wales-based IT professional who said he threw out a hard drive containing around BTC 7,500 (USD 296m) and who wants to search a landfill for the device, guaranteeing millions of dollars worth of reward to coronavirus charities if he finds it.


Through the South Wales Argus and the BBC, James Howells unintentionally threw away his hard drive, full of tokens he bought “for almost nothing” back in 2009, during a clear-out in 2013.

He has petitioned his local council in Newport for the “opportunity to sit down with the decision-makers and present to them an action plan,” affirming that he will donate 25% of his lost bitcoin to a Newport “COVID-19 relief fund” if the council let him access the site to look for the hard drive.

It is a story that has fascinated the British (and international) media for years – and appears to re-appear whenever bitcoin goes on a bull run.

James Howells not giving up after losing his hard drive with 7,500 Bitcoins

The last time it cropped up was in 2018, when even the New York Times ran with the story. The BBC reported on the story back in 2013, when his haul was worth a (mere) USD 5.5m.

But this time, it seems that this time around Howells has helped. 

He stated,

“I’ve got backing from a hedge fund who are willing to put up the funds for the project. If I could access the landfill records, I could identify the week that I threw the hard drive away; I could identify the serial number of the bin that it was in and then I could identify where the grid reference is located.”

Nevertheless, an exasperated-sounding Newport Council spokesperson told the BBC,

“The council has told Mr. Howells on a number of occasions that excavation is not possible under our licensing permit and excavation itself would have a huge environmental impact on the surrounding area.”

Despite soaring coronavirus death rates and a long winter lockdown, it appears that British newspaper readers have not lost their famous wit.

One reader joked in the comments section of the South Wales Argus piece,

“One suspects that the council tip workers have already been out with their mini diggers and spades in hope of finding it themselves.”

The enigma continues, with little sign of resolution. Maybe we will see Mr. Howells in the British media for the next BTC bull run when his lost stash is worth yet more than ever – a very distinct likelihood if the token’s recent performance is anything to go by.

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