• Contact Us
  • About Us
  • Privacy Policy
  • Login
Upgrade
Investment.Ceo
ADVERTISEMENT
  • Daily Investment
  • Investment
  • Entrepreneur
  • Wealth
  • Subscribe
  • Courses
No Result
View All Result
  • Daily Investment
  • Investment
  • Entrepreneur
  • Wealth
  • Subscribe
  • Courses
No Result
View All Result
Investment.Ceo
No Result
View All Result
ADVERTISEMENT
Home News

Story About A Guy Who Was Going To Pay $72 Million To Dig The Garbage For Bitcoin

A British man is promising to give his town $70 million if they let him search a dump site for a discarded hard drive, which he says has almost $300 million worth of bitcoin stored on it.

January 19, 2021
in News
0 0
0
Story About A Guy Who Was Going To Pay $72 Million To Dig The Garbage For Bitcoin
0
SHARES
39
VIEWS
Share on FacebookShare on Twitter

James Howells from Newport, South Wales, says he was wrong to throw away the 7.500 bitcoins hard disk. With bitcoins currently worth around $38,000 each, the missing hard disk may be worth the better part of $300 million.

There is one big issue, however. Last week, he didn’t laugh at the trip, but seven years ago.

You might also like

7 Basic Questions To Help Shape Your Career Priorities For 2021

7 Basic Questions To Help Shape Your Career Priorities For 2021

6 days ago
18
How To Begin Investing in Stocks Without Experience?

How To Begin Investing in Stocks Without Experience?

1 week ago
515

Howells threw away the hard disk in 2013, claiming that he had moved the bitcoin wallet to a new device. He placed the hard drive in the bin and took the bags to the nearby landfill.

Some months later, Howells found that he made a huge mistake. “When I first heard stories of the Silk Road shutdown and of others profiting millions, my penny was then dropping out of a hard drive that I had 7,500 bitcoins I threw out a couple of months before,” he told the BBC.

Since 2013, Howells has been asking the Newport City Council to search the property, but the Council has declined to issue it a permit, perhaps unexpectedly.

Seven years on, Howells enhanced its anticipation by supplying the Council with 25% of the income to a Covid relief fund, if they allowed it to hire a specialist team to search the site.

ADVERTISEMENT

Do not begin looking

Unfortunately, the council is not happy to let Howells go for a hard disk seven years ago. “Newport City Council’s ability to retrieve an IT hardware that was said to contain bitcoins has been contact since 2013 many times,” he told the BBC.

“The council has on many occasions advised Mr.Howells that excavations under our license permit are not feasible, and digging itself would have an immense environmental impact.

“The cost of digging up the landfill, storing and treating the waste could run into millions of pounds – without any guarantee of either finding it or it still being in working order.”

ADVERTISEMENT

While hard disks can be amazingly solid, there are – to put it mildly – scrap chances of finding the disks and glass platters intact.

Tags: bitcoinJames HowellsNewport City Council
ADVERTISEMENT

Related Posts

The Opportunity Costs of Paying Off Your Mortgage Early
Investment

The Opportunity Costs of Paying Off Your Mortgage Early

March 2, 2021
8
5 Big Stocks In Unexpected Downtrends
Investment

5 Big Stocks In Unexpected Downtrends

March 2, 2021
591
Bitcoin Value Goes Up By 3 Reasons
News

Bitcoin Value Goes Up By 3 Reasons

March 1, 2021
90
Japanese Economy Could be Saved by Bitcoin As Fast As Your Ex Dumps You.
News

Japanese Economy Could be Saved by Bitcoin As Fast As Your Ex Dumps You.

February 28, 2021
61
7 Basic Questions To Help Shape Your Career Priorities For 2021
News

7 Basic Questions To Help Shape Your Career Priorities For 2021

February 27, 2021
18
How To Begin Investing in Stocks Without Experience?
News

How To Begin Investing in Stocks Without Experience?

February 25, 2021
515

Popular Post

  • Great Businesses Ideas You Can Start for Less Than $100

    Great Businesses Ideas You Can Start for Less Than $100

    0 shares
    Share 0 Tweet 0
  • Top 10 Most Common Financial Mistakes That Keep You Poor Forever

    0 shares
    Share 0 Tweet 0
  • Fiery Red Stocks, Goldman Sachs And JPMorgan Urged Investors To Catch The Bottom

    0 shares
    Share 0 Tweet 0
  • 10 Signals That You Really Should Be An Entrepreneur!

    0 shares
    Share 0 Tweet 0
  • What Is The Real Meaning Behind Reddit’s GameStop Stock Battle?

    0 shares
    Share 0 Tweet 0

Categories

ADVERTISEMENT
ADVERTISEMENT
Investment.Ceo

We bring you the best Premium Articles that perfect for entrepreneurs, investors, finance students, etc. Check our page for details.

Learn more

Categories

March 2021
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031  
« Feb    

Recent Posts

  • 2021 Market Will Develop in 10 Ways with Use of AI And Machine Learning
  • 7 Best Low-Risk Investments Right Now
  • 8 Personal Finance Apps of 2021 Are Highly Recommended

© 2020 Investment.Ceo - Investment Blog by Daily Investment.

No Result
View All Result
  • Daily Investment
  • Landing Page
  • Buy JNews
  • Support Forum
  • Contact Us

© 2020 Investment.Ceo - Investment Blog by Daily Investment.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.