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💰 British Bitcoin Miner Considers Buying Landfill to Recover $768 Million 🏗️
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📌 The Story So Far:
James Howells, a British Bitcoin miner, is considering buying a public landfill where he believes his lost cryptocurrency—now valued at £620 million ($768 million)—is buried. However, local authorities in Newport, South Wales, plan to close the landfill after a court ruling.
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⚖️ Legal Battle & Lost Fortune
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In 2013, Howell's former partner allegedly discarded a hard drive containing 7,500 BTC—mined in 2009 when Bitcoin was worth just cents.
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He has since appealed multiple times to Newport authorities, proposing to share the recovered assets if granted permission to excavate.
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The landfill holds over 1.4 million tons of waste, but an investigation by his hired team suggests his hard drive might be buried in an area with 100,000 tons.
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🚫 Court Rejection & Government Stance
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Newport City Council denied his excavation request, arguing that local law grants them ownership of items dumped in the landfill.
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Judge Andrew John Keyser KC ruled against Howells, stating that too much time has passed and that the complaint was insufficient.
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The government plans to close the landfill by 2025-2026 and convert parts of it into a solar energy farm.
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🤯 Howells' Reaction & Next Move
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Howells expressed shock to the BBC, stating that closing the landfill just to prevent his search would be unfair to the people of Newport.
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He is considering taking the case to the Supreme Court and even buying the landfill outright to reclaim his lost BTC.
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If Bitcoin continues its upward trend, the lost assets could be worth $1.2 billion by 2026.
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