Bitcoin Blunder Man Throws Away '£4m Laptop'

Discussion in 'The Bar' started by dawg, Nov 28, 2013.

  1. dawg

    dawg In The Dog House Staff Member

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    An IT worker comes to terms with throwing away an old laptop containing millions of pounds' worth of the virtual currency.By Darren Little, UK Bureaux News Editor

    A man who threw away a computer hard drive containing more than £4m of the digital currency Bitcoin has told Sky News he is devastated.

    James Howells, 28, binned the hard drive in the summer, but only realized his mistake last Friday.

    The IT worker threw away his Dell laptop after it started to overheat, forgetting that it contained a digital wallet containing 7,500 units of the virtual currency.

    Staff at the Docksway landfill site in Newport, South Wales, where the hard drive was taken, have told Mr Howells that by now it will be buried under at least three feet of waste in an area the size of a football pitch.

    Mr Howells told Sky News: "It's absolutely devastating to be honest, there's not a feeling I can compare it to."

    He "mined" the Bitcoins in 2009 when they were worthless, but in recent times they have gained real monetary value.

    "At the time I threw them out I've recently learned they were worth £500,000, and today they're worth approximately £4.2m," he said.

    Mr Howells only realized the value of what he had thrown away after reading articles on line about the rise of the digital currency.

    The laptop is buried at a landfill site in South Wales because of the way the Bitcoin system works there is no way of retrieving them online.

    Ownership resides within the hard drive they are stored on, so unless the original working drive can be found Mr Howell has no hope of recovering his lost millions.

    Newport City Council told Sky News: "Staff have assisted with the retrieval of items in certain circumstances but this would have to be done very quickly after it was thrown away.

    "However, an item thrown away in the summer would be buried under 25,000 cubic metres of waste and earth."


    http://news.sky.com/story/1175103/bitcoin-blunder-man-throws-away-4m-laptop


    [LIVELEAK]50b_1385680184[/LIVELEAK]
     
  2. FtM

    FtM Starless & Bible Black Gold

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    It happens.

    [​IMG]
     
  3. artiesoffspring

    artiesoffspring Hugs and Kisses Gold

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    Bummer.
     
  4. DarkFriday

    DarkFriday I'll take the NY Giants +3 Gold

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    Digital moron :facepalm:
     
  5. HelloCleveland!

    HelloCleveland! Well-Known Member VIP

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    OMG I feel the same way. I once buried a quart jar full of pennies under my porch, then drew a treasure map so I could find it at a later date. I dug and dug and dug and never found those fucking pennies!
     
  6. FtM

    FtM Starless & Bible Black Gold

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    That was in fact the original premise for "The Goonies". :D
     
  7. TripTo My Taint

    TripTo My Taint Well-Known Member

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    This reminds me of the McDonald's worker claiming to have left a 400 million-dollar lotto ticket where she had worked.
     
  8. pheelios

    pheelios Well-Known Member VIP

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    If it's virtual how can it be real?
    I don't understand you crazy kids.