In 2013, Newport resident James Howells threw away his 7,500 bitcoin hard drive to the local junkyard. Howells is now willing to pay local authorities more than $ 70 million if he is allowed to excavate the landfill. At the current rate, his hard drive worths $ 273 million.
However, local authorities not only refused Howells but generally refused to discuss the issue.
Newport administration officials told CNN that they did not refuse the man's offer. Local authorities say that such work is prohibited due to possible environmental damage, and also because it will cost millions, and there is no guarantee that the disc will be found.