Bitcoin Gold Price BTG

    About Bitcoin Gold

    BTG is an exclusive cryptocurrency created on Bitcoin's principles, and users mine it on GPU principle as opposed to the distinct ASICs. It represents Bitcoin Gold, the original Bitcoin hard fork. The hard fork occurred back in 2017. BTG has ultimately recreated the network effects Bitcoin formerly provided. With GPU mining technology, individual BTG miners now receive rewards instead of previous instances where ASIC warehouse owners mostly reaped the rewards due to their advanced mining establishments.

    How it works

    BTG was created to alter the algorithm used in its mining to create a unique algorithm. This means that the token's mining process cannot go faster on advanced equipment compared to when mined on standard computer programs. Bitcoin Gold is designed to 're-decentralize bitcoin' by the adoption of a unique proof-of-work algorithm mining process. This means that BTG cannot disproportionally favor significant mining on advanced equipment. Besides the 're-decentralization' of bitcoin, BTG also centers on protection, transparency, and distribution challenges. This cryptocurrency is used for multiple uses, including payments, smart contracts, and open-source bridges to enhance computing technology.

    Release Time: 2017-12-12

    Catch up on the latest crypto market news at The Currency Analytics. Bitcoin will be rendered useless once quantum computing advances.

    Catch up on the latest crypto market news at The Currency Analytics. Bitcoin will be rendered useless once quantum computing advances.

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    After pulling data from Benzinga Pro the following is the list of top crypto gainers and losers at the time of publication:

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    Bitcoin Gold price predictions are being sought out by investors hoping that the altcoin will prove a lucrative alternative to pricey Bitcoin.

    Bitcoin Gold price predictions are being sought out by investors hoping that the altcoin will prove a lucrative alternative to pricey Bitcoin.

    Crypto is moving up again, but most coins are only riding Bitcoin's momentum. Drop these cryptos to sell before they plummet back to Earth.

    Crypto is moving up again, but most coins are only riding Bitcoin's momentum. Drop these cryptos to sell before they plummet back to Earth.

    Bitcoin Gold (BTG/USD), a cryptocurrency that came to be after a Bitcoin (BTC/USD) hard fork in 2017, has been performing well despite the overall bearish sentiment in the crypto market. With most coins in the top-10 list of leading cryptocurrencies, including BTC, bleeding today, BTG opened the day with substantial gains. Earlier today, the coin […] The post Bitcoin Gold (BTG) surges by more than 10% as its user base expands appeared first on Invezz.

    Bitcoin Gold (BTG/USD), a cryptocurrency that came to be after a Bitcoin (BTC/USD) hard fork in 2017, has been performing well despite the overall bea

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