Home » Business » 2.1 billion BitCoin hard disk was mistakenly buried in a landfill. British man donated 530 million yuan to the government for help and was rejected-Hong Kong unwire.hk

2.1 billion BitCoin hard disk was mistakenly buried in a landfill. British man donated 530 million yuan to the government for help and was rejected-Hong Kong unwire.hk

A British man discarded a hard disk containing 7,500 bitcoins 7 years ago, causing 2.1 billion bitcoins to be mistakenly buried in the landfill. He recently proposed to donate about 530 million Hong Kong dollars, which is 4 shares of the lost bitcoins. The value of 1 was given to the local government to assist in the excavation of the landfill, but was rejected by the Newport City Council.

The price of Bitcoin has recently risen to an unprecedented high, breaking through 34,000 U.S. dollars. James Howells, a 35-year-old computer engineer from Newport, Wales, who mistakenly buried 2.1 billion Bitcoin, recently proposed to the local city council that Donate about 530 million Hong Kong dollars, which is one-fourth of the current value of the lost Bitcoin in exchange for official government permits to excavate garbage dumps, and half of the value of Bitcoin will be used with investors and local residents participating in the “search and rescue” Share, by then he will only have 4 copies of 1 bitcoin left. However, his plan was rejected by the spokesperson of the local city council. The spokesperson pointed out that the excavation of the landfill site would cost millions of pounds, and there was no guarantee that the hard disk could be recovered and operated normally. The excavation did not comply with the franchise regulations. Will seriously damage the environment, so I refuse to request.

Howell “mined” 7500 bitcoins 11 years ago. At that time, bitcoin was in its infancy and its value was low. He mistakenly thought that he had copied the required data and threw away the hard drive in 2013. When he realized that he had mistakenly buried Bitcoin in the landfill, the value of the lost Bitcoin had risen to about 6 million U.S. dollars. After visiting the landfill that year, he once said that there was “no chance” to retrieve the hard drive.

source:Business Insider

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