News list for " newport"

A British man is considering buying a landfill to recover a hard drive containing 8,000 BTC

On February 10, according to the Guardian, James Howells, an IT engineer from Newport, UK, has spent a decade trying to find a 600 million-pound bitcoin fortune he believes is buried in a municipal dump in south Wales, and he is considering buying the site in order to find the missing wealth. James Howells lost his case in the UK High Court last month, failing to force Newport City Council to allow him to search the dump to retrieve a hard drive he claims contains 8,000 bitcoins.

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2025-02-10 11:17:01
Landfill containing $750 million Bitcoin hard drive to be permanently closed

Newport City Council in Wales plans to permanently close and seal a landfill in 2025-26. The landfill contains a hard drive that IT engineer James Howells mistakenly discarded in 2013 and contains 7,500 bitcoins, worth about $750 million at current prices. The council plans to convert part of the site into a solar farm to power the municipal electric fleet. Previously, Howells' lawsuit against the search for hard drives has been rejected by the Welsh court.

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2025-02-10 01:32:17
UK court halts search for $750 million worth of bitcoin in junkyard

A British judge, Justice Keyser KC, has rejected an application by James Howells, an IT engineer in Newport, Wales, to recover $735 million worth of Bitcoin hard drives buried in a Newport landfill, citing environmental risks. Newport City Council has consistently refused to enter the landfill where the hard drive was accidentally discarded in 2013, and according to the BBC, the judge believes the case has "no realistic chance of success" at trial. Howells mined Bitcoin in 2009 when it cost only...

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2025-01-10 05:07:29
$500 million worth of bitcoin buried in landfill, man files lawsuit against Newport City Council

James Howells, an IT engineer in Newport, Wales, discarded a hard drive containing 7,500 bitcoins in 13 years. Howells repeatedly applied to dig into the landfill to find the hard drive, but the Newport City Council rejected his request repeatedly, citing environmental concerns. Howells claims that the city council "basically ignored" his repeated requests to dig up the burial site of the hard drive. He has now filed a lawsuit with the Newport City Council.

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2024-10-14 03:30:01