Gold mine for sale for $2 million in bitcoin

Gold mine for sale for $2 million in bitcoin
Who’d thunk it – virtual money is more trustworthy more than real gold (Picture: Getty Images)

One gold mine owner has fully committed to the 21st century by putting his Canada mine up for sale priced in Bitcoin.

The owner valued the mine at $2m (£1.17m) even though it has an annual income of $5.9m (£3.4 million) in gold.

While this seems odd, gold prices have slumped by a third in the past two and a half years.

The value of the controversial virtual currency, while still high, has plummeted from $1,000 (£589) per unit last year to $577 (£340) today.

The mine produces on average 113.4kg of gold and included in the sale is $1m (£589, 300) of mining equipment.

The mine is located in Dawson City Canada in the historic Yukon gold belt where the Klondike Gold Rush took place in the 1890s.

So, if you are okay with the cold and have a couple of million dollars in Bitcoin available, then you can actually tell people you’re a professional gold digger.

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13 June 2014 | 7:00 pm – Source:

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