Forget the bitcoins, why would you throw away a perfectly good, supposedly working, hard drive? That's a shame. And before secure formatting it?
Missing hard drive containing Bitcoins worth £4m in Newport landfill site
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Re: Missing hard drive containing Bitcoins worth £4m in Newport landfill site
#12A not-unreasonable penalty for risking pollution of his ground water, especially since he probably did the same thing to electronics many times before. I can't believe nobody is talking about this. Illegal in many US states.
http://www.npr.org/templates/transcript/transcript.php?story...
Re: Missing hard drive containing Bitcoins worth £4m in Newport landfill site
#13He is not the only one, back in 2010 I did mine 160 BTC, however at some point I stopped caring. Months later I had to format hard disk because ArchLinux did a great job breaking the whole system with an update, in the moment I just didn't remember that there were a BitCoin wallet in my system. Damn ArchLinux.
Although I didn't lose much as him. Now I kinda feel relieved knowing his mistake, he lost much more than me, I am sure that there are much others at the same spot. We all just contributed to elevate the bitcoin price by making misery out of our selves.
Re: Missing hard drive containing Bitcoins worth £4m in Newport landfill site
#14Howells ran a program on his laptop for a week to generate his stash
CPU based bitcoin mining, probably solo without a pool, 7000+ coins. Ha. Those were the days.
Re: Missing hard drive containing Bitcoins worth £4m in Newport landfill site
#15People keep saying 21 million bitcoins. There are a significant percentage lost forever.
Why does every bitcoin comment thread have this conversation? It doesn't matter if a tiny percentage of the currency does not exist in the marketplace or gets lost. 21 million / 0.00000001 = how many bitcoins can "exist". So considering that there's no real blocking factors in how many bitcoins can be distributed, why does it matter if some get lost? The value of the coins are hardly affected now that such a high lev…
The divisibility of the currency doesn't matter for this calculation. Currency represents wealth. There is a finite amount of BTC that will ever be available. Any BTC that is locked away like this means there is less BTC to represent the same amount of wealth (actually, it's a growing amount of wealth presently). This means the value (or potential value) of each BTC has gone up.
Re: Missing hard drive containing Bitcoins worth £4m in Newport landfill site
#16He is not the only one, back in 2010 I did mine 160 BTC, however at some point I stopped caring. Months later I had to format hard disk because ArchLinux did a great job breaking the whole system with an update, in the moment I just didn't remember that there were a BitCoin wallet in my system. Damn ArchLinux. Although I didn't lose much as him. Now I kinda feel relieved knowing his mistake, he lost much more than me…
When bitcoins are lost, are they lost forever? So the total pool of bitcoins will be 21m - your 160 and his 7000?
Re: Missing hard drive containing Bitcoins worth £4m in Newport landfill site
#17He is not the only one, back in 2010 I did mine 160 BTC, however at some point I stopped caring. Months later I had to format hard disk because ArchLinux did a great job breaking the whole system with an update, in the moment I just didn't remember that there were a BitCoin wallet in my system. Damn ArchLinux. Although I didn't lose much as him. Now I kinda feel relieved knowing his mistake, he lost much more than me…
A lazy install and a bad Arch Linux update (actually, a misinterpretation of some error messages on my part) reminded me why it was stupid to have /home on the same partition as everything else. Multipartition setups are trivial and will save your data (in my case I lost nothing but some toy OpenCL programs as it was my gaming rig, and most important stuff was kept on a shared partition).
Re: Missing hard drive containing Bitcoins worth £4m in Newport landfill site
#18Gives a different meaning to buried treasure...
Re: Missing hard drive containing Bitcoins worth £4m in Newport landfill site
#19He is not the only one, back in 2010 I did mine 160 BTC, however at some point I stopped caring. Months later I had to format hard disk because ArchLinux did a great job breaking the whole system with an update, in the moment I just didn't remember that there were a BitCoin wallet in my system. Damn ArchLinux. Although I didn't lose much as him. Now I kinda feel relieved knowing his mistake, he lost much more than me…
A quick format doesn't destroy all the data on the drive. Depending on how much you used that drive, you might still be able to recover the data.
Re: Missing hard drive containing Bitcoins worth £4m in Newport landfill site
#20Pardon my ignorance, but how do you prove a) He doesn't have a copy of the private key? b) He's telling the truth about mining them? c) Actually threw away the drive?