Welshman offers council 50 million quid to find lost Bitcoin password
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A computer engineer who claims he accidentally threw away a hard drive containing a virtual currency worth tens of millions of pounds has promised to give a local council a quarter of the fortune if they help him dig it out of a rubbish tip.
James Howells, 35, says the hard drive of his old laptop contains bitcoins worth about £200m but is languishing in a landfill site in Newport, south Wales.
Howells says both he and the council will benefit if they allow him to dig for it but the local authority is refusing, claiming an excavation would break licensing regulations and cause environmental damage.
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There was a recent article about a guy who did a promotion video for bitcoin when it first started and he was paid with like 1000 bitcoins, which at the time was worth $1000 or so. He kind of forgot about it, and has recently tried to access it. I guess you get 10 tries with your password, and if you fail and all the attempts, you are permanently locked out. He is a try number eight right now!
