💰 British Bitcoin Miner Considers Buying Landfill to Recover $768 Million 🏗️
-- 📌 The Story So Far: James Howells, a British Bitcoin miner, is considering buying a public landfill where he believes his lost cryptocurrency—now valued at £620 million ($768 million)—is buried. However, local authorities in Newport, South Wales, plan to close the landfill after a court ruling. ⏬⏬ ⚖️ Legal Battle & Lost Fortune -- In 2013, Howell's former partner allegedly discarded a hard drive containing 7,500 BTC—mined in 2009 when Bitcoin was worth just cents. -- He has since appealed multiple times to Newport authorities, proposing to share the recovered assets if granted permission to excavate. -- The landfill holds over 1.4 million tons of waste, but an investigation by his hired team suggests his hard drive might be buried in an area with 100,000 tons.
⏬⏬ 🚫 Court Rejection & Government Stance -- Newport City Council denied his excavation request, arguing that local law grants them ownership of items dumped in the landfill. -- Judge Andrew John Keyser KC ruled against Howells, stating that too much time has passed and that the complaint was insufficient. -- The government plans to close the landfill by 2025-2026 and convert parts of it into a solar energy farm.
⏬⏬ 🤯 Howells' Reaction & Next Move -- Howells expressed shock to the BBC, stating that closing the landfill just to prevent his search would be unfair to the people of Newport. -- He is considering taking the case to the Supreme Court and even buying the landfill outright to reclaim his lost BTC. -- If Bitcoin continues its upward trend, the lost assets could be worth $1.2 billion by 2026.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
💰 British Bitcoin Miner Considers Buying Landfill to Recover $768 Million 🏗️
--
📌 The Story So Far:
James Howells, a British Bitcoin miner, is considering buying a public landfill where he believes his lost cryptocurrency—now valued at £620 million ($768 million)—is buried. However, local authorities in Newport, South Wales, plan to close the landfill after a court ruling.
⏬⏬
⚖️ Legal Battle & Lost Fortune
--
In 2013, Howell's former partner allegedly discarded a hard drive containing 7,500 BTC—mined in 2009 when Bitcoin was worth just cents.
--
He has since appealed multiple times to Newport authorities, proposing to share the recovered assets if granted permission to excavate.
--
The landfill holds over 1.4 million tons of waste, but an investigation by his hired team suggests his hard drive might be buried in an area with 100,000 tons.
⏬⏬
🚫 Court Rejection & Government Stance
--
Newport City Council denied his excavation request, arguing that local law grants them ownership of items dumped in the landfill.
--
Judge Andrew John Keyser KC ruled against Howells, stating that too much time has passed and that the complaint was insufficient.
--
The government plans to close the landfill by 2025-2026 and convert parts of it into a solar energy farm.
⏬⏬
🤯 Howells' Reaction & Next Move
--
Howells expressed shock to the BBC, stating that closing the landfill just to prevent his search would be unfair to the people of Newport.
--
He is considering taking the case to the Supreme Court and even buying the landfill outright to reclaim his lost BTC.
--
If Bitcoin continues its upward trend, the lost assets could be worth $1.2 billion by 2026.
#Gate.io Has Officially Partnered with Oracle Red Bull Racing #Which Altcoin ETF Could be Approved First? #BTC Market Trend Analysis