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3232$500M Bitcoin Buried in Landfill: Man Sues City After Decade-Long Battle for Recovery
https://www.digit.info/500m-bitcoin-buried-in-landfill-man-sues-city-after-decade-long-battle-for-recovery/
Mon, 14 Oct 2024 03:01:21 +0000https://www.digit.info/500m-bitcoin-buried-in-landfill-man-sues-city-after-decade-long-battle-for-recovery/Read more]]>James Howells is suing Newport City Council after a decade-long fight to recover a hard drive containing 7,500 bitcoins, now worth nearly $500 million, mistakenly dumped in 2013. The council has repeatedly denied excavation requests, citing environmental concerns. Howells claims the data is recoverable. Council Sued Over Lost $500M Bitcoin Hard Drive James Howells, an […]
]]>Man Who Accidentally Threw Away 7,500 Bitcoins on Hard Drive Has New Plan to Retrieve His BTC
https://www.digit.info/man-who-accidentally-threw-away-7500-bitcoins-on-hard-drive-has-new-plan-to-retrieve-his-btc/
Sat, 10 Jul 2021 13:30:02 +0000https://www.digit.info/2021/07/10/man-who-accidentally-threw-away-7500-bitcoins-on-hard-drive-has-new-plan-to-retrieve-his-btc/Read more]]>The British man who accidentally threw away a computer with 7,500 bitcoins on its hard drive has come up with a new plan to retrieve his lost coins from the city landfill. “We estimate there are between 300,000 – 400,000 tons of waste to look through,” he said. Man on Mission to Retrieve 7,500 Lost […]
]]>Bittorrent Creator Bram Cohen’s Crypto Project Chia Sparks Hard Drive and SSD Shortages
https://www.digit.info/bittorrent-creator-bram-cohens-crypto-project-chia-sparks-hard-drive-and-ssd-shortages/
Sun, 25 Apr 2021 12:00:36 +0000https://www.digit.info/2021/04/25/bittorrent-creator-bram-cohens-crypto-project-chia-sparks-hard-drive-and-ssd-shortages/Read more]]>On May 3, tokens stemming from the Chia network, a smart transaction blockchain created by the Bittorrent creator Bram Cohen, will start trading and transactions will be fully enabled. Rather than leveraging the proof-of-work consensus algorithm, Chia will utilize a model called proof-of-space which relies on storage. With Chia’s transactional launch pending, the project has […]