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Bitcoin Gold

Bitcoin Gold

BITCOI
$0.3599Down 0.87 percent($0.00)

Key Stats

Market Cap$7.03MDown 0.87 percent
Volume (24h)$0.00
Fully Diluted Value$7.56M
Vol/Mkt Cap (24h)0.00%
Total Supply19.54M BITCOI
Max Supply21.00M BITCOI
Circulating Supply19.54M BITCOI
Launch Date2017-10-24
Block Reward3.13

Bitcoin Gold Information

Websites
bitcoingold.orgWhitepaper
Block Explorers
explorer.bitcoingold.org
Hashing Algorithms
Equihash 144_5 (ZHash)
Industries
Payment

Bitcoin Gold Price Converter

Bitcoin GoldBITCOI
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Latest Bitcoin Gold News

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Bitcoin Gold Markets

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InstrumentExchangeBenchmark DataPrice24h Change
Bitcoin GoldBTC logo
BITCOI-BTC
btg_btc
yobit logoyobit
-
0.0₅5000BTC
0.00%
Bitcoin GoldINR logo
BITCOI-INR
BTG_INR
unocoin logounocoin
-
54.60INR
30.00%
Bitcoin GoldDOGE logo
BITCOI-DOGE
btg_doge
yobit logoyobit
-
7.96DOGE
0.00%
Bitcoin GoldUSD logo
BITCOI-USD
btg_usd
yobit logoyobit
-
0.4004USD
0.00%
Bitcoin GoldETH logo
BITCOI-ETH
btg_eth
yobit logoyobit
-
0.0₄6774ETH
0.00%

About Bitcoin Gold

Bitcoin Gold (BTG) is a digital currency that aims to decentralize the process of Bitcoin mining by utilizing GPU hardware, making it more accessible to a wider range of users. BTG is based on the original Bitcoin blockchain but incorporates a different mining algorithm, Equihash, to promote decentralization and prevent the concentration of mining power. BTG was created in 2017 as a fork of Bitcoin, and it maintains similar features such as a limited supply cap of 21 million coins. BTG can be used for peer-to-peer transactions, as well as for mining on GPU hardware to earn rewards for securing the network. BTG aims to provide a more decentralized and democratic approach to mining, empowering individual miners and promoting wider participation in the mining process.

Frequently Asked Questions

Bitcoin Gold (BTG) is a cryptocurrency spawned from a hard fork of Bitcoin (BTC) in 2017. While it upholds the foundational principles of decentralized, peer-to-peer electronic cash that underpin Bitcoin, Bitcoin Gold aims for enhanced accessibility and decentralization through the adoption of a distinct mining algorithm.

Bitcoin Gold was brought to life by a group of developers spearheaded by Jack Liao in 2017. Motivated by a vision to make Bitcoin more egalitarian and decentralized, Liao and his team designed Bitcoin Gold to be mineable via GPUs (Graphic Processing Units) in contrast to Bitcoin, which leans heavily on ASIC (Application-Specific Integrated Circuit) mining, a method that can be both specialized and expensive.

Bitcoin Gold (BTG) serves purposes akin to Bitcoin and a myriad of other cryptocurrencies. It facilitates peer-to-peer transactions, acts as a store of value, and stands as an investment instrument. BTG can be leveraged for both online and in-person transactions and is tradable on several cryptocurrency exchanges. One of Bitcoin Gold's primary objectives is to encourage more inclusive and decentralized mining. By making mining feasible for a broader swath of individuals equipped with GPUs, it seeks to offset the dominance of pricier, specialized ASIC miners prevalent in Bitcoin's mining landscape.