Bitcoin’s Lost Coins Are Worth the Price

Bitcoin’s Lost Coins Are Worth the Price
The New Yorker recently published a profile about early bitcoin user James Howells, who mined about 7,500 BTC using his gaming computer in 2009, only to discard the hard drive storing his private keys while cleaning his home office. That trove, worth today approximately $383 million, is likely sitting in a dump in Newport, Wales.Howells thinks he has a decent chance of recovering the hard drive. He’s worked to raise £5 million ($6.6 million) to finance an excavation. That project would dig up and sort through 40,000 tons of household waste, buried for nearly a decade. But the Newport government…