Any expert can share how bitcoin works? How is it tied to the hard drive of the computer. Even if the hard drive is not thrown away, it will be spoilt in matter of days due to normal wear and tear. In those cases, does it mean that the bitcoin info stored there will be rendered void too?
British man accidentally dumps $7.5 million Bitcoin fortune
A British IT worker has launched a frantic search of a landfill site after realising he accidentally threw away a computer drive holding $7.5 million (5.5 million euros) in the online currency bitcoin. James Howells, 28, obtained 7,500 bitcoins in 2009 when the currency was virtually worthless. Its value has since soared, with a single bitcoin hitting $1,000 for the first time on Tuesday. Howells left the hard drive in a drawer for several years, and threw it away earlier this year without a second thought. To his horror, he then realised what it had contained — and that he would be a millionaire, if he could only ... (full story)