Expert: The chances of a British man recovering his lost Bitcoin worth $669 million are almost zero
ChainCatcher news, according to The Block, IT engineer James Howells from Newport accidentally discarded a hard drive containing $669 million worth of Bitcoin. Although he is trying to legally access the landfill or directly purchase the site, a UK waste management expert has questioned the possibility of recovery, claiming that the chances of finding the lost hard drive and recovering the $669 million worth of Bitcoin are almost zero.Howells is a computer engineer from Newport, South Wales, who believes that his ex-wife mistakenly discarded the hard drive containing the Bitcoin wallet in 2013. He has taken legal action to try to access the local landfill or to seek £495 million ($609 million) in compensation from Newport City Council.At a hearing in December, the court learned that Howells, as an early Bitcoin user, mined over 7,500 Bitcoins in 2009 when the value of Bitcoin was very low. However, on January 9, the judge dismissed the case, stating that due to the time that has passed, the grounds for the lawsuit were insufficient, and "if the case were to proceed, the chances of success are almost zero." A UK commercial waste company stated that even if Howells managed to access the site, the probability of finding the hard drive among 1.4 million tons of waste in the landfill is only 1 in 902 million.