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Author: Admin | 2025-04-28
Welsh man find the Bitcoin in the landfill?Howells has been seeking permission from Newport's city council to search the landfill for the hard drive drive, though the council has repeatedly denied his requests. According to the city council, the work Howells intends to carry out raises environmental concerns and could disrupt operations at the landfill.However, Howells has drawn up a plan and assembled a team of experts to try to persuade city council. Although the drive is thought to have been in the landfill for years, Howells believes it will still be in working order if retrieved.Article continues below advertisementWhat does Howells plan to do if he recovers the lost Bitcoin?If his landfill search is successful, Howells plans to donate a large chunk of the recovered Bitcoin to the Newport community, build a renewable energy facility at the site, and set up a crypto mining hub in Newport. The search operation may take more than a year and cost as much as $11 million.Article continues below advertisementHow many lost Bitcoin are out there?Many others have lost crypto. For example, a California man has been trying to access a drive with more than 7,000 Bitcoins after he forgot the drive's password.A total of 4 million Bitcoins are believed to be lost, and the crypto's supply is capped at 21 million coins. The lost Bitcoin may make the remaining coins more valuable as demand increases and supply is tight.
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