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Forum - Wall Street Pit    Stock Due Diligence for All

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From: efbailey (Rep: 1744) reply to bucyrusDate: 12/07/2017 18:37
Forum: Wall Street Pit - Msg #2705567Thread #673971937 (Rec: 0)
Re: IT guy mined 7,500 Bitcoins which he saved in a wallet file on his computer h...

so what happens to the 7500 coins? i mean if it's 100% secure and the only copy of the passkey is long gone on the hard drive do they just sit idle in the account? or can they be mined at some point?



Reply to bucyrus - Msg #2705565 - 12/07/2017 18:23

IT guy mined 7,500 Bitcoins which he saved in a wallet file on his computer hard drive. He told the Telegraph: “After I had stopped mining, the laptop I had used was broken into parts and sold on eBay. However, I kept the hard drive in a drawer at home knowing it contained my Bitcoin private keys, so that if Bitcoin did become valuable one day I would still have the coins I had mined.
In mid-2013 during a clear-out, the hard drive – then worth a few hundred thousand pounds – was mistakenly thrown out and put into a general waste bin at my local landfill site, after which it was buried on site.’
James Howells’ fortune is buried deep below thousands of tonnes of rubbish on a landfill site in Newport.
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