The post The Dump Disaster: Half a Billion Bitcoins Gone Forever appeared first on Coinpedia Fintech News
“Imagine losing $500 million in an instant.”
That’s exactly what happened to James Howell, a man who had accumulated 8,000 Bitcoins when it was just $3.78 each in 2009 only to lose the hard drive containing them all.
Mr. Howells is a Welsh Computer software programmer and a well-known miner in the world of cryptocurrency. He was one of the first five persons in the globe to be operating Bitcoin mining software.
Over the year, the value of Bitcoin has increased significantly and it reached its all-time high of $69,000 per bitcoin.
So if James still held the BTC it would be worth nearly $500 million !!
But this isn’t just a story of a man losing a fortune. It’s a tale of determination, perseverance, and the extent one will go to recover what they’ve lost.
Let’s begin with the story…
Overview of James Howell
In the mids of summer 2009, James was planning to go on a
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