My Posts

After 12 Years, a Man Has Abandoned His Search for the Lost Hard Drive Containing $1 Billion in Bitcoin

By The Hyperhive

|

5 August 2025

This is the real-life story of James Howells, a man from Newport, Wales, who accidentally tossed out a hard drive containing access to a massive fortune.

For over a decade, he fought to recover it, but his journey recently came to a heartbreaking end.

What happened to this treasure, and why did he finally give up?

Lost Bitcoin Fortune: A Costly Mistake

In 2009, James Howells, an IT worker, mined 8,000 Bitcoins when the cryptocurrency was worth almost nothing. By 2013, those Bitcoins were valued at $8 million, but he made a terrible mistake.

While cleaning his office, he threw away a hard drive that held the private key needed to access his Bitcoin wallet. His partner at the time took the trash to the Docksway landfill in Newport, not knowing it contained a fortune.

As Bitcoin’s value soared, those 8,000 coins became worth $950 million by 2025. Howells realized his error too late, and his lost Bitcoin fortune became a global sensation.

A Long Fight Against the Odds

Howells didn’t give up easily. He spent 12 years trying to recover his hard drive. He proposed high-tech plans, like using AI, drones, and robotic dogs to search the landfill without harming the environment.

He even offered to share millions with the Newport City Council and local residents if they let him dig. But the council said no, citing environmental risks and legal issues. They argued the landfill’s waste could release toxic gases, and the hard drive might not even work after years underground.

Howells also tried buying the landfill and sued the council for $647 million, but a judge ruled against him in 2024, saying recovery was nearly impossible.

A New Chapter

In 2025, after years of rejection, Howells stopped his search. But his story isn’t over. A Los Angeles company, LEBUL, is making a documentary called The Buried Bitcoin: The Real-Life Treasure Hunt of James Howells, set for release in late 2025.

It will show his struggle and the wild growth of Bitcoin’s value. Howells also announced plans to create a new digital coin tied to his lost Bitcoin, using blockchain technology.

While he may never hold his fortune, his tale reminds us how a small mistake can change a life forever and why securing digital assets is so important.

You might also want to read: Student Forgets $27 Bitcoin Investment, Discovers It’s Worth Over $500 Million

The Hyperhive

Bzz! This busy bee is on a mission to make your reading experience as vibrant and colorful as a blooming meadow. 🐝

Share