James Howells, a Welsh computer engineer, lost Bitcoin worth £620 million (approximately $1.2 billion). Believing these Bitcoins were discarded in a landfill, he is now seeking to purchase the entire landfill.
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02-11, 2025Howells claims his ex-girlfriend mistakenly threw away a hard drive containing 8,000 Bitcoins in 2013. Last year, he unsuccessfully attempted to sue the Newport City Council in the UK High Court, seeking access to the site or £495 million in damages. He has now expressed his intention to buy the landfill, according to the BBC.
The Newport City Council plans to close the landfill by the middle of next year to build a solar farm on the land. Howells stated: "It is very surprising that the council plans to close the landfill so quickly, especially after the High Court claimed that closing the landfill to allow me to conduct a search would have a huge detrimental impact on the people of Newport, while at the same time, they are planning to close the landfill anyway."
Considering there are 1.4 million tons of garbage there, trying to find a single object thrown away more than a decade ago seems like a daunting task. Howells believes the hard drive is located within an area containing 100,000 tons of waste. He said, "I might be interested in buying the landfill." He also stated that he has discussed the move with investment partners and is "very hopeful" it can be achieved. Furthermore, he hopes to appeal the judge's decision to dismiss his lawsuit against the city council.
Cryptocurrency has been around for a while, but in recent years, people have been hearing more and more about it. Simply put, cryptocurrency is digital currency. This currency is designed to operate through online networks without the need for a central authority—meaning it is generally not backed by any government or banking institution—and transactions are recorded through a technology called blockchain. Bitcoin is the largest and oldest cryptocurrency, although other assets such as Ethereum, Tether, and Dogecoin have also become increasingly popular in recent years. Some investors view cryptocurrency as a "digital alternative" to traditional currencies, but the vast majority of everyday financial transactions still use fiat currencies such as the US dollar. In addition, Bitcoin can be very volatile, and its price depends on the larger market environment.
