Bitcoin domain BTC.com sold for $1.1 million

The domain name BTC.com has been sold to Bitcoin mining equipment specialist GAWMiners, as CoinDesk reported.
The domain had been on the market for less than a month before GAWMiners chief executive Josh Garza secured the $1.1m deal.
GAWMiners is a relatively large mining hardware vendor. The Connecticut-based firm sells a wide range of SHA-256 and scrypt ASICs, including hardware from Bitmain, Gridseed, Innosilicon, Rock Miner, SilveFish as well as its own GAWMiners brand machinery.
It remains unclear what Garza hopes to do with the newly acquired domain. Currently time the site features a placeholder stating that something “amazing” is coming soon.
The sale of BTC.com is yet another entry into the string of recent domain name acquisitions. Indeed, today’s news yet again illustrates the many opportunities for brokers and investors that bitcoin has brought to the domain name industry.

Niko Younts announced in February that he had sold BitcoinWallet.com to an Austin-based entrepreneur, Alex Charfen, for $250,000. Younts had initially purchased the domain name for $11,000.

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