British man accidentally dumps $7.5 million Bitcoin fortune

by Sal McCloskey November 29, 2013, 4:20 AM 1000 Views

A British IT worker has launched a frantic search of a landfill site after realising he accidentally threw away a computer drive holding $7.5 million in the online currency bitcoin.James Howells, 28, obtained 7500 bitcoins in 2009 when the currency was virtually worthless. Its value has since soared, with a single bitcoin hitting $US1000 for the first time on Tuesday.

An IT professional in the United Kingdom is scouring a landfill site for a specific computer part he threw away, along with a bitcoin fortune. James Howells of Newport, South Wales, disposed of the drive without realizing the value of its contents earlier this year, with the 7,500 bitcoins on the drive worth around $7.5 million at the currency’s present value.

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Written by Sal McCloskey

Sal McCloskey is a tech blogger in Los Angeles who (sadly) falls into the stereotype associated with nerds. Yes, he's a Star Trek fan and writes about it on Uberly. His glasses are thick and his allergies are thicker. Despite all that, he's (somehow) married to a beautiful woman and has 4 kids. Find him on Twitter or Facebook,