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Bookmarking Crypto InsightsTue, 29 May 2018 20:00:29 +0000en-US
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3232A Man Lost $60M Worth of Bitcoin by Throwing out the Wrong Hard Drive
https://www.digit.info/a-man-lost-60m-worth-of-bitcoin-by-throwing-out-the-wrong-hard-drive/
Tue, 29 May 2018 20:00:29 +0000https://www.digit.info/2018/05/29/a-man-lost-60m-worth-of-bitcoin-by-throwing-out-the-wrong-hard-drive/Read more]]>A lot of people showed an interest in cryptocurrency back when Bitcoin was first created. Despite its niche appeal, it was incredibly easy to mine in rather large quantities. Unfortunately, a lot of people have since lost their Bitcoin holdings. One particular holder lost close to $60 million worth of Bitcoin due to a lost hard drive. Securely Storing Bitcoin is Important Considering that Bitcoin has been around for over nine years now, it is safe to assume that not all of the minted coins are still in circulation today. Given the vast number of hacks, thefts, and lost currencies over the years, the