Man Mourns Loss of $75 Million Bitcoin Cache He Threw in the Trash
This heart-breaking story started back in 2010, when James Howells from Newport, Wales, spilled a drink on his Dell laptop and dismantled it for parts. For the next three years, he kept its hard disk drive somewhere in a drawer, but one day he decided to get rid of it, having completely forgotten about some 7,500 Bitcoins he had stored there.
© AFP 2017/ KAREN BLEIERRisks-Prone Bitcoin Will Fail to Fully Replace Fiat Currency – Analyst
Even at that time, the value of one Bitcoin reached about 1,200 dollars, which means the whole amount was worth some $9 million. But over the years, its value had grown insanely, and now Howells’s “treasure,” buried several feet under piles of rubbish in the dump, is worth about $ 75 million.
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