Wednesday, November 27, 2013

Man Throws Away Trove of Bitcoin Worth $7.5 Million

Landfill

As Bitcoin hit $1,000 dollars on Wednesday morning, a lot of early adopters saw their Bitcoin, bought or mined for cheap years ago, turn into a high-return investment. And some forgot they bought Bitcoin years ago, only to realize they were suddenly rich


However, there are also those on the other side of the Bitcoin — so to speak — and British IT professional James Howells may be the unluckiest of them allAccording to The Guardian , Howells mined 7,500 Bitcoin in 2009 and kept it in a hard drive until last summer, when he threw the drive away without realizing he was throwing away a fortune.



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