Lost 8,000 BTC: James Howells Ends $950M Hard Drive Search After 12 Years

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james howells bitcoin

James Howells, a computer engineer from Wales, has ended his 12-year search for a hard drive containing the private keys to 8,000 Bitcoin (BTC)—now worth around $950 million.

Howells accidentally discarded the drive in June 2013 during a home cleanup, when it was worth about $63 million. The device was believed to be buried in a Newport landfill, but the city council repeatedly denied excavation requests over environmental and financial concerns.

The landfill is estimated to be 15 meters deep with 200,000 tons of waste, making recovery highly impractical. A $620 million damages lawsuit filed by Howells in late 2024 was dismissed in January 2025.

Despite offering 30% of the recovered funds to the city and residents, logistical challenges and regulatory barriers brought the search to a close—highlighting the irreversible nature of early Bitcoin losses and the difficulties in recovering crypto wallets for digital assets.

By Timmy Grimberg

Timmy Grimberg is an experienced crypto expert, organic growth manager and news editor with over a decade of experience in the digital landscape. Specializing in Web3, content strategy, and blockchain technology, Timmy has helped numerous brands strengthen their online presence and authority. With in-depth expertise in crypto markets, DeFi, and Web3, he provides insightful analyses, high-quality editorial content, and up-to-date news reports.