A British man who accidentally dumped a hard drive full of bitcoins in the trash a few years ago offered local authorities £52.5 million (more than $70 million) if they would let him dig up the city dump where his virtual fortune had once gone.
According to him, the landfill contains about 210 million pounds ($273 million) worth of bitcoins, CNN reported. Howells first discovered the lack of a hard drive when his bitcoin was worth 6.6 million pounds (about $9 million).
The price of bitcoin has reached an all-time high in recent days and is now around $37,000. IT professional James Howells got rid of a drive that held 7,500 bitcoins in digital storage from June to August 2013.
He had originally mined the virtual currency four years earlier when it was selling for next to nothing. But when the cryptocurrency jumped in value, he remembered that he had mistakenly thrown the hard drive away with the garbage.