ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Decade After Ex-Wife Threw Away Hard Drive With Bitcoin Cache; Engineer Continues to Look For it

James has garnered support for his treasure hunt from a team of investors.
PUBLISHED APR 22, 2024
Cover Image Source: Bitcoin Drive | Unsplash | Photo by Michael Förtsch
Cover Image Source: Bitcoin Drive | Unsplash | Photo by Michael Förtsch

Bitcoin was first launched in 2009 by an elusive inventor going by the name Satoshi Nakamoto, but cryptocurrencies were soon forgotten only to resurface when the value of Bitcoin surged by 54%. It was this boom that turned cryptocurrency investors into overnight millionaires, and the forgotten digital assets in crypto-wallets became hot property.  But while many celebrated the rise of crypto, computer engineer James Howells was devastated when he discovered that his ex-partner had mistakenly discarded his cache of 8,000 bitcoins in an office trash bin back in 2013. Stored on a hard drive, James believes the device ultimately found its way to a landfill site in Newport, South Wales. Determined to recover his lost fortune, he has announced a staggering reward of $1.2 million for anyone who locates the missing hard drive.



 

Despite his fervent desire to reclaim his digital wealth, the man encountered numerous obstacles in his quest. Seeking permission to search the Newport Household Waste Recycling Centre, where the hard drive is presumed to be buried, James approached the council but returned empty-handed. 

"There's 24-hour security. Everyone who works here knows what's supposed to be buried in the landfills under the hills. But the other problem is, where would they start looking," the landfill worker shared. "The owner has visited the site many times but if it's here, it's under one of those two hills in the distance. He's adamant but no one can know for sure if it's here. Some of the stuff that arrives is sent off to incinerators," he added.

"Even if the council gave permission it would be like looking for a needle in a haystack. It would be impossible. Unless the computer stuff has some sort of homing device on it, there's just no way. The fella should just forget about it and move on," the worker added.

Pexels | Photo by Pixabay
Image Source: Pexels | Photo by Pixabay

James' once-disregarded hard drive, nestled within a single black bin bag, now holds the potential to unlock a staggering $567 million fortune.

"We have been contacted multiple times since 2013 about the possibility of retrieving a piece of IT hardware said to contain bitcoins, which may or may not be in our landfill site," Newport Council said. "The council has told Mr Howells multiple times that excavation is not possible under our environmental permit."

Residing in a modest home in Newport, James remains undeterred by bureaucratic roadblocks. Faced with the council's adamant stance, he now prepares to pursue legal recourse.

Image Source: Unsplash|Photo by Dmytro Demidko
Image Source: Unsplash | Photo by Dmytro Demidko

James' relentless pursuit of his lost fortune has led him to extraordinary lengths, which includes enlisting the expertise of NASA data specialists from Ontrack in 2021. Renowned for their feat in salvaging data from the battered hard drive of the Columbia space shuttle, which plummeted to Earth in 2003, Ontrack's involvement in the case has left many council members bemused by the peculiar turn of events.

"We have been very clear and consistent in our responses that we cannot assist Mr Howells in this matter. Our position has not changed. We will be offering no further comments on this issue as it takes up valuable officer time which could be spent on delivering services for the residents of Newport," the Newport Council said in a statement.

MORE ON MARKET REALIST
While Toni Perrotta didn't land on the big prize, she got to drive home a Toyota sports car
3 days ago
The Turkey Dinner Kit has got rave reviews from customers on social media already.
3 days ago
The contestant, Liz St. Claire got close to taking home nearly $75,000.
4 days ago
The contestant, Emily bet $10,000 on the item and ended up losing everything.
4 days ago
Members on Instagram called out the retailer for the exorbitant prices of seafood.
4 days ago
While the trend in consumers isn't that alarming, the same for businesses can trigger harm.
4 days ago
With the average gas price falling to a record low of $3.02 per gallon, millions are taking to the road.
4 days ago
Harvey made it clear why he won't be seen at a T-Swift concert with one of his friends.
4 days ago
The player, Tanequa Ward looked set to win the big prize at a point.
5 days ago
CEO Ted Decker claimed the decline in demand for home improvements will likely continue through 2025.
5 days ago
A post on Reddit sparked concerns as a member claimed the retailer had completely moved to the app.
5 days ago
The contestant, Melissa Mosel got a raw deal with her category choice and letter picks.
6 days ago
Both McMillion and John Furner, the next CEO of Walmart, touted the retailer's success with AI.
6 days ago
A single batch of Jeni's Splendid Ice Cream bars contain undeclared allergens in them.
Nov 21, 2025
With rising food, energy, and healthcare costs, state leaders are calling out the trade policies.
Nov 20, 2025
Harvey said it in response to another player who came up with an awkward answer.
Nov 20, 2025
The player, Greg Swiszcz lost a Toyota on a puzzle that previously cost a player $100,000.
Nov 20, 2025
John Furner, who serves as the Walmart US CEO will be tasked with leading an AI push at Walmart.
Nov 19, 2025
The contestant Matt Lee drove home a brand new Toyota RAV4 Hybrid after his big win.
Nov 19, 2025