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Bitcoin Buried for Good? Newport Landfill at Centre of $500M Crypto Mystery Set to Close

An IMGW News Report

On 20 November last year, IMGW News reported on the baffling case of a British man who lost 8,000 Bitcoins—now worth over $500 million—after mistakenly discarding a hard drive containing his cryptocurrency fortune.

The digital treasure has remained buried beneath tons of waste in a landfill in Newport, Wales, since 2013, sparking a decade-long battle to recover it.

Now, in a major twist, the BBC has revealed that the landfill at the centre of this saga is set to permanently close as part of a broader waste management overhaul. Newport City Council has rejected all proposals to excavate the site, citing environmental concerns and the impracticality of such an operation. The closure will effectively shut down any future efforts to unearth the missing Bitcoin hoard.

Docksway landfill, Newport, Wales, 2007. The hard drive containing Bitcoin was buried here in 2013.

James Howells, the IT engineer behind the lost Bitcoin, had spent years lobbying for permission to dig up the landfill. He even presented a $10 million recovery plan backed by venture capitalists and AI-driven technology to pinpoint the hard drive’s location. However, the council repeatedly dismissed his proposals, arguing that excavation would be too disruptive and risky.

With the landfill’s imminent shutdown, hope is fading that the Bitcoin will ever be recovered. If left buried, it will remain one of the most expensive accidental losses in crypto history—an eerie digital fortune lost beneath layers of waste, never to be retrieved.

For now, Newport’s decision appears final, marking the likely end of a saga that has fascinated the cryptocurrency world. However, unless Bitcoin’s creator, Satoshi Nakamoto, suddenly steps forward with a solution, Howells’ lost millions will stay exactly where they are—deep in the ground, out of reach forever.

Read our original coverage from IMGW news here: The Bitcoin That Got Away: A $500M Landfill Mystery