• Advertise
  • Submit a Press Release
  • About Us
NewsBTC

Bitcoin & cryptocurrency news

  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
      • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • CasinosTry
  • Play GamesTry
  • Play Casino GamesTry
  • Best Crypto CasinoTry
No Result
View All Result
Breaking News: Ethereum Price Cracks Above $2,000 As BlackRock Eyes ETH ETF
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
      • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • CasinosTry
  • Play GamesTry
  • Play Casino GamesTry
  • Best Crypto CasinoTry
No Result
View All Result
Bitcoin News
No Result
View All Result
Breaking News: Ethereum Price Cracks Above $2,000 As BlackRock Eyes ETH ETF

Bitcoin Can Now Buy You an Actual Gold Mine

newsbtc by newsbtc
9 years ago
in Cryptocurrency Market News
Reading Time: 1 min read

Among that many things bitcoin can buy you in today’s day and age, you probably wouldn’t expect a gold mine to appear anywhere in the list.

Although it has, and it’s even touted as being ‘profitable’.

Listed on BitPremier, a website dedicated to selling luxury items payable for in bitcoin, the mile is listed as being located in Dawson City, in Yukon, Canada.

Description, as provided on the listing [link]:

The very first offering of its kind on the Bitcoin market; a proven, profitable gold mine located in the heart of Dawson City, Yukon, Canada. Home to television programs such as History Channel’s Yukon Gold and National Geographic’s Yukon Gold, Dawson City has a long, rich and vibrant history as a proven Gold producing region.

From what I’m reading, it appears the sale of the parent company that both owns and operates the mine (which includes company assets). The price? $2 million.

The company was founded in 1986, the President and CEO of the company has been in the mining sector for 35 years. A well respected, fully compliant and profitable company, any new buyer could recoup their initial investment in as little as two mining seasons.

Included in the sale is $1 million worth of mining equipment, full financial statements, tax returns, balance sheets, and the like.

The current owner is even willing to stay on the management team for up to five years in an advisory position.

Apparently, the mine has the potential to produce between 3,000 – 4,000 ounces of gold per year. Last I checked, the price of gold was $1,253 per ounce, so if this is legitimate, it could very well be profitable.

What do you think? Legitimate or bound to be a case of caveat emptor?

Tags: bitcoinbitpremiergoldmineluxuryNews
Tweet123Share196ShareSend
newsbtc

newsbtc

Related Posts

Ethereum bull

Ethereum Price Prediction: Crypto Analysts Reveal Catalyst That Will Drive Price Above $3,500

4 hours ago
bitcoin crypto maket altcoins

Why The Crypto Market Tides Are Turning In Favor Of Altcoins

6 hours ago
Dogecoin Small

Dogecoin Marks Two Consecutive Green Monthly Closes, What Happened The Last Time?

7 hours ago
Terra Classic Price Pumps a Further 17% as This Altcoin Also Sees Positive Growth

Terra Classic Price Pumps a Further 17% as This Altcoin Also Sees Positive Growth

7 hours ago
Cardano

Cardano (ADA) Retests Major Resistance Wall, Will Break Happen?

8 hours ago
Dogecoin

300 Million Dogecoin (DOGE) Moved To Robinhood As Price Swells

9 hours ago

Premium Partners

Top Casinos

BitStarz

BitStarz

Review · Visit
Punt Casino

Punt Casino

Review · Visit
Trust Dice

Trust Dice

Review · Visit
mBit

mBit

Review · Visit
Inmerion

Inmerion

Review · Visit

Press Releases

  • GoMining Unveils The West NFT Collection

    10 hours ago
  • Where to Invest in Crypto? Experts Highlight Top Picks...

    12 hours ago
  • Investors’ New Favorite: BorroeFinance Surges Past...

    13 hours ago
  • Maximizing Profits in Forex: Raw Spread Forex Brokers’...

    13 hours ago
  • Rebel Satoshi’s Next Stage Excites Market: A Fresh...

    14 hours ago

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

Company

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

© 2023 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
      • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Casinos
  • Play Games
  • Play Casino Games
  • Best Crypto Casino

© 2023 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.