Virginia City is one of the oldest established cities in Nevada. Like many cities and towns in the state, Virginia City was a mining boomtown; in fact it is one of the most famous boomtowns in the Old West as it virtually appeared overnight as a result of the Comstock Lode silver strike of 1859. During its peak, Virginia City had a population of nearly 30,000 residents. When the Comstock Lode ended in 1898, the city's population declined sharply.