A British man has claimed that he threw away a hard drive containing $80 million of Bitcoin – by mistake.
James Howells, an IT worker from Newport, claims to have unintentionally dumped 7,500 bitcoin in mid-2013.
Not surprisingly, he now wants to find the missing hard drive which he assumes are buried at a landfill site.
At the time of Mr. Howells purchase, the cryptocurrency was worth around $130 but on Tuesday hit a new high of $11,850.
In effect, this means that even when the hard drive had been disposed of, it would have been worth around $975,000, today it would be more like $85 million.
“After I had stopped mining, the laptop I had used was broken into parts and sold on eBay. However, I kept the hard drive in a drawer at home knowing it contained my Bitcoin private keys, so that if Bitcoin did become valuable one day I would still have the coins I had mined,” he told the Telegraph.
“In mid-2013 during a clear-out, the hard drive – then worth a few hundred thousand pounds – was mistakenly thrown out and put into a general waste bin at my local landfill site, after which it was buried on site.”
He has previously said that he forgot about the hard drive because he had been “distracted by family life and moving house”.
Howell start “mining” for Bitcoin back in 2009 and has said that he is considering digging up the landfill site in order to retrieve his hard drive.
“A modern landfill is a complex engineering project and digging one up brings up all sorts of environmental issues such as dangerous gasses and potential landfill fires,” he said.
“It’s a big, expensive and risky project.”