{"id":921949,"date":"2026-07-23T06:17:26","date_gmt":"2026-07-23T11:17:26","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/07\/23\/the-man-who-threw-away-900-million-and-spent-12-years-trying-to-dig-it-back-up\/"},"modified":"2026-07-23T06:17:26","modified_gmt":"2026-07-23T11:17:26","slug":"the-man-who-threw-away-900-million-and-spent-12-years-trying-to-dig-it-back-up","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/07\/23\/the-man-who-threw-away-900-million-and-spent-12-years-trying-to-dig-it-back-up\/","title":{"rendered":"The Man Who Threw Away $900 Million and Spent 12 Years Trying to Dig It Back Up"},"content":{"rendered":"<p>Bitcoins <\/p>\n<p><strong>James Howells, an IT engineer from Newport, Wales, mined 8,000 Bitcoin in the early days and lost the keys in 2013 when an encrypted hard drive was mistakenly thrown away and sent to the Docksway landfill. After the High Court in Cardiff dismissed his claim in January 2025 and an appeal was refused in March 2025, he ended his recovery effort and pivoted to Ceiniog, a Bitcoin layer-2 he says is backed by coins he can never access, as the site heads toward closure and a solar-farm conversion in the 2025\/26 financial year.<\/strong><\/p>\n<div>\n<div>\n<h2>Bitcoins <span>Key Takeaways<\/span><\/h2>\n<ul>\n<li><span>James Howells lost access to 8,000 Bitcoin after a hard drive was discarded in 2013.<\/span><\/li>\n<li><span>UK courts rejected Howells\u2019 case in 2025, reinforcing that possession depends on private keys.<\/span><\/li>\n<li><span>Ceiniog is Howells\u2019 next move as Newport\u2019s landfill closes in the 2025\/26 financial year.<\/span><\/li>\n<\/ul>\n<\/div>\n<p>For more than a decade, a missing hard drive has turned a landfill in Newport, Wales into one of Bitcoin\u2019s most stubborn cliffhangers. Welsh IT engineer James Howells mined 8,000 Bitcoin in the early days and locked the keys on an encrypted drive that his then-girlfriend tossed during a 2013 cleanup, sending it to the Docksway landfill. The wallet\u2019s balance is still there for anyone to verify on the blockchain, but the courts in Cardiff and London shut down his bid to force Newport City Council\u2019s hand in 2025. With the site set to close in the 2025\/26 financial year and permitted for a solar farm, Howells has stopped trying to excavate and is now pitching Ceiniog, a Bitcoin layer 2 he says is \u201cbacked\u201d by coins he cannot access.<\/p>\n<p>Every so often, a tech story sticks because it\u2019s painfully human: a password lost, a backup missed, a cleanup that moved too fast. For more than a decade, one forgotten piece of storage has served as a reminder that crypto wealth is only as real as the keys behind it. And sometimes, those keys end up under a mountain of trash.<\/p>\n<h2>Bitcoins A $923 million mistake<\/h2>\n<p>James Howells, a computer engineer from Newport, Wales, mined 8,000 Bitcoin early in the currency\u2019s life and stored the private keys on an encrypted hard drive. In 2013, during a cleanup, his then-girlfriend mistakenly tossed the wrong drive, and it was taken to the Docksway landfill, according to <a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin_buried_in_Newport_landfill\" target=\"_blank\" rel=\"noopener noreferrer\">the 2013 disposal<\/a> summary of the case.<\/p>\n<p>The coins themselves never \u201cvanished\u201d from the blockchain. Howells has said the wallet remains publicly viewable, a cruel detail in a system built for transparency, because it also makes the loss easy to quantify and hard to ignore.<\/p>\n<h2>Bitcoins Courts closed the door<\/h2>\n<p>After years of trying to negotiate access, Howells turned to litigation in December 2024. The effort hit a wall on January 9, 2025, when Judge Keyser KC of the High Court in Cardiff dismissed his claim as having \u201cno realistic prospect of succeeding,\u201d and confirmed the landfill and its contents are owned by the city council under UK law, per <a href=\"https:\/\/www.forbes.com.au\/covers\/investing\/buried-bitcoin-inside-james-howells-1-4-billion-landfill-disaster\/\" target=\"_blank\" rel=\"noopener noreferrer\">the January 2025 judgment<\/a> account.<\/p>\n<p>Howells appealed, but in March 2025 the Court of Appeal in London refused permission for the case to proceed. The legal route, like the technical one, offered no reset button.<\/p>\n<h2>Bitcoins The last bid to dig, and the landfill\u2019s next life<\/h2>\n<p>In July 2025, he tried a different tactic: a formal bid to buy the specific \u201cArea 2\u201d section he believed held the drive, along with taking on long-term environmental liabilities tied to the site. The council\u2019s response focused on prior legal fees before any further discussion, and on August 7, 2025, he said, \u201cI am no longer pursuing the purchase of the landfill.\u201d<\/p>\n<p>The timing mattered. Newport City Council expects the site to close in the 2025\/26 financial year, and it has planning permission for a solar farm intended to power new electric garbage trucks, per <a href=\"https:\/\/nation.cymru\/news\/landfill-site-at-centre-of-bitcoin-saga-to-close-down\/\" target=\"_blank\" rel=\"noopener noreferrer\">the solar farm plan<\/a>.<\/p>\n<h2>Bitcoins From buried keys to a new chain pitch<\/h2>\n<p>When he walked away, Howells also pivoted to a new crypto project: Ceiniog, a proposed Bitcoin layer-2 network that he says is \u201cbacked\u201d by the coins he cannot access. At the time he outlined the idea, the lost stash was valued at $923 million, and the plan included an initial coin offering that had been slated for late 2025, according to <a href=\"https:\/\/finance.yahoo.com\/news\/man-fails-buy-landfill-lost-100824532.html\" target=\"_blank\" rel=\"noopener noreferrer\">the Ceiniog announcement<\/a>.<\/p>\n<p>It\u2019s a strange form of collateral: digital wealth that can be counted, pointed to, and built around, but never spent.<\/p>\n<\/div>\n<p> Guest Author <a href=\"https:\/\/news.bitcoin.com\/the-man-who-threw-away-900-million-and-spent-12-years-trying-to-dig-it-back-up-49201\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>James Howells, an IT engineer from Newport, Wales, mined 8,000 Bitcoin in the early days and lost the keys in 2013 when an encrypted hard drive was mistakenly thrown away and sent to the Docksway landfill. After the High Court in Cardiff dismissed his claim in January 2025 and an appeal was refused in March<\/p>\n","protected":false},"author":1,"featured_media":921950,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[308,4084],"tags":[11476],"class_list":["post-921949","post","type-post","status-publish","format-standard","has-post-thumbnail","category-million","category-threw","tag-bitcoins"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/921949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=921949"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/921949\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/921950"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=921949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=921949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=921949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}