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Title: Remember the guy who threw away over $750 million in Bitcoin? Now he wants to buy the dump where he thinks its buried
Source: [None]
URL Source: https://fortune.com/2025/02/11/bitc ... urchase-james-howells-newport/
Published: Feb 12, 2025
Author: Horse
Post Date: 2025-02-12 07:13:48 by Horse
Keywords: None
Views: 457
Comments: 6

James Howells, who has spent the last 12 years trying to convince officials in the U.K. city of Newport to let him explore the city landfill, is now offering to buy the dump.

Howells believes the landfill contains an old hard drive of his that contains almost $770 million in Bitcoin. His attempts to excavate the drive through legal means hit a dead end in January, when a judge ruled he had “no realistic prospect of succeeding” in his effort if the case were to continue.

This year, however, the landfill is being closed and will reportedly be replaced by a solar farm. And Howells sees that as an opening.

“The council planning on closing the landfill so soon is quite a surprise, especially since it claimed at the High Court that closing the landfill to allow me to search would have a huge detrimental impact on the people of Newport, whilst at the same time they were planning to close the landfill anyway,” he told the UK media outlet Metro. “I would be potentially interested in purchasing the landfill site. I have discussed this option recently with investment partners and it is very much on the table.”

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#1. To: Horse (#0)

At the time the computer was mistakenly thrown away, the bitcoin was worth about $50, give or take a couple zeros.

Pinguinite  posted on  2025-02-12   15:54:31 ET  Reply   Trace   Private Reply  


#2. To: Pinguinite (#1)

The whole Mistakenly Chucking Wealth aspect of digital currency frightens me. Wait...are backups possible? :)

“I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs

Dakmar  posted on  2025-02-12   19:23:30 ET  Reply   Trace   Private Reply  


#3. To: Dakmar (#2)

For crypto wallets, backups are not only possible, they can be done by memorizing words. Twelve words, from a dictionary of 2048 words, in the right order.

Yes, there are just 12 words separating everyone on the planet from that $770 million landfill jackpot. But not even supercomputers can guess it. The number of combinations are just that astronomical.

Pinguinite  posted on  2025-02-12   20:15:34 ET  Reply   Trace   Private Reply  


#4. To: Pinguinite (#3)

For crypto wallets, backups are not only possible, they can be done by memorizing words. Twelve words, from a dictionary of 2048 words, in the right order.

Sounds like a cult! :)

“I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs

Dakmar  posted on  2025-02-12   20:17:27 ET  Reply   Trace   Private Reply  


#5. To: Dakmar (#4)

like a cult

Brush up on your Gregorian Chants and I'll tell you about the Fish Friar and the Chip Monk.

ghostrider  posted on  2025-02-12   21:46:36 ET  Reply   Trace   Private Reply  


#6. To: ghostrider (#5)

Bensonhoist Lesbian Choir, lol

“I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs

Dakmar  posted on  2025-02-12   21:59:25 ET  Reply   Trace   Private Reply  


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