The $75 Million Bitcoin Buried Under 200,000 Tons of Trash

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In the world of cryptocurrency, few stories blend irony, regret, and hope as dramatically as that of James Howells — the man who accidentally threw away 7,500 bitcoins, now worth an estimated $75 million (and potentially far more). These digital assets aren’t lost in cyberspace — they’re buried under 200,000 tons of landfill waste in Newport, South Wales. And despite knowing exactly where they are, Howells has been locked in a years-long battle to recover them.

How a Fortune Was Trashed

Back in 2009, Bitcoin mining was still in its infancy. You didn’t need specialized rigs or massive power supplies — just a regular laptop would do. James Howells, an IT worker at the time, used his Dell M1710 laptop to mine 7,500 bitcoins during the network’s early days. He later dismantled the machine, selling off parts on eBay — but kept the hard drive stored safely in a drawer.

Fast forward four years. During a routine spring cleaning in 2013, Howells forgot about the drive’s significance and tossed it into the trash. By the time he realized his mistake, it was already buried deep within the Newport landfill site.

👉 Discover how one decision turned a tech enthusiast into a modern-day treasure hunter.

At the time of disposal, Bitcoin’s value had surged to between $300 and $1,000 per coin, making his lost stash worth millions. Today, with Bitcoin surpassing $10,000** and on track for even higher valuations, that same 7,500 BTC could be worth over **$750 million in a bull market.

The Landfill Lockdown: Why He Can’t Just Dig It Up

So why doesn’t he just dig it up?

It sounds simple — go to the landfill, find the hard drive, recover the private keys. But reality is far more complex.

Newport City Council has repeatedly denied Howells’ requests to excavate the site. The landfill spans hundreds of thousands of tons of decomposing waste and releases hazardous gases like methane and leachate fluids — making excavation not only technically difficult but environmentally risky.

A council spokesperson stated:

“There have been previous discussions about retrieving hardware containing Bitcoin data. However, excavation would cost millions, disrupt the environment, and there’s no guarantee the drive is intact — or even recoverable.”

The site currently holds 350,000 tons of waste, with 50,000 tons added annually. Experts believe the hard drive is likely corroded beyond repair due to electrochemical degradation from moisture and chemical exposure.

Still, Howells remains undeterred.

A Proposal Worth Millions

Howells isn’t asking for charity — he’s offering a deal. He’s proposed sharing a significant portion of the recovered Bitcoin with the city if excavation is approved. With Newport facing tight budgets and potential tax hikes, this windfall could fund public services for years.

“I’d give them a generous cut — call it a gift or a donation,” Howells said. “This isn’t just about me. It could benefit the entire community.”

Despite this, legal and logistical hurdles remain. In the UK, no municipal landfill has ever been excavated for non-criminal reasons. The only known precedent comes from the U.S., where in 2014, gamers unearthed thousands of Atari E.T. the Extra-Terrestrial game cartridges buried in a New Mexico landfill — proving such missions aren’t impossible.

👉 See how digital fortunes are reshaping real-world decisions — and who gets to claim them.

Can the Data Be Recovered?

Even if the drive is found, can the data still be retrieved?

Experts say it’s possible — but unlikely. Hard drives can survive landfills for years if sealed properly, but corrosion, pressure, and temperature fluctuations degrade components over time. Data recovery would require advanced forensic techniques, possibly in a cleanroom environment.

But here’s the twist: even if someone finds the drive, they can’t access the funds without Howells’ help.

He still remembers his public Bitcoin address, allowing him to monitor whether the coins have moved. And because Bitcoin wallets rely on private keys — encrypted codes stored on the device — anyone else retrieving the drive would hit a dead end without decryption access.

“You’d know if someone took it,” Howells once joked in an email. “It’d be like having millions in your account… but being unable to spend a penny.” He ended the message with a simple “lol” — a darkly humorous take on one of crypto’s most infamous losses.

Beyond Regret: Staying Active in Crypto

Despite his misfortune, Howells hasn’t stepped away from cryptocurrency. Far from it.

“I’ve got multiple screens displaying currency prices,” he said. “But not because I’m obsessing over my lost coins. I’m still deeply involved — trading, researching, developing, tweeting about crypto.”

His focus has shifted to newer developments in the space — particularly Bitcoin Cash, which emerged from the 2017 Bitcoin fork. He sees long-term potential across the broader ecosystem, including Ethereum and other altcoins.

He also reflected on what he might have done differently:

“Even if I hadn’t lost them, I probably would’ve sold 30% to 40% back in 2013 when prices hit $1,000 — reinvesting into other cryptos. But I wouldn’t have sold all of it. I always believed Bitcoin would go way beyond $10,000.”

That foresight — tragically unmonetized — underscores both his regret and resilience.

Frequently Asked Questions

Could someone else find and use the hard drive?

Technically possible — but highly unlikely. Without the private key encryption, the Bitcoin remains inaccessible. Even if recovered by a third party, they couldn't transfer or spend it.

Has James Howells tried legal action?

He has engaged in multiple negotiations with Newport City Council but hasn't filed formal lawsuits. His approach remains focused on negotiation and public awareness.

Is Bitcoin retrieval from landfills common?

No. This case is unique. While data recovery from damaged drives happens regularly in forensics, doing so from municipal landfills is unprecedented in scale and complexity.

What happens if the hard drive is destroyed?

If physically or chemically degraded beyond repair, the Bitcoin would be permanently lost — joining an estimated 20% of all Bitcoins believed to be inaccessible due to lost keys or hardware.

Could this happen again?

Absolutely. With millions still storing crypto on old devices or paper wallets, digital asset loss remains a growing concern — especially as adoption increases.

Is there any technology being developed to prevent this?

Yes. Advances in cold storage, multi-signature wallets, and decentralized key recovery systems aim to reduce human error — but education and backup practices remain critical.

👉 Learn how secure storage solutions today can prevent tomorrow’s regrets.

Final Thoughts: A Cautionary Tale with Global Relevance

James Howells’ story isn’t just about one man’s mistake — it’s a cautionary tale for every crypto user. It highlights the importance of:

As Bitcoin continues to evolve — and possibly reach six-figure valuations — stories like this will serve as reminders: in the world of decentralized finance, you are your own bank. And sometimes, that means holding billions… in a landfill.


Core Keywords: Bitcoin, hard drive recovery, lost cryptocurrency, Newport landfill, private key, data retrieval, cryptocurrency storage, James Howells