The cryptocurrency market has seen a significant drop in value for Bitcoin Gold (BTG) against the US dollar over the last 24 hours, with a 4.6% decline. This brings the current value of one Bitcoin Gold coin to $0.65, or 0.00000765 BTC on major exchanges.
- Bitcoin Gold
- Horizen
- Zcash
- Pirate Chain
- Komodo
- ZClassic
The performance of related cryptocurrencies can be seen below:
| Cryptocurrency | Change in Value | Current Value (USD) | Current Value (BTC) |
| — | — | — | — |
| Bitcoin Gold | -4.6% | $0.65 | 0.00000765 |
| Horizen | 0% | $8.25 | 0.00009707 |
| Pirate Chain | 1.1% | $0.11 | 0.00000130 |
| Komodo | -0.7% | $0.12 | 0.00000142 |
| Zcash | -1.2% | $31.17 | 0.00036693 |
| ZClassic | 0.4% | $0.0732 | 0.00000086 |
Bitcoin Gold is a proof-of-work (PoW) cryptocurrency that uses the Equihash hashing algorithm. Its market capitalization is currently $11.38 million, with approximately $19,191.21 worth of Bitcoin Gold being traded on exchanges in the last 24 hours. Bitcoin Gold has a total supply of 17,513,924 coins, and its official Twitter account is @bitcoingold. The currency’s official website is btgofficial.org, and its official message board is forum.bitcoingold.org. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq. Bitcoin Gold has a unique feature that sets it apart from other cryptocurrencies. According to CryptoCompare, “BTG is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs. This type of equipment tends to monopolize mining to a few big players, but GPU mining means anyone can mine again – restoring decentralization and independence. GPU mining rewards go to individuals worldwide, instead of mostly to ASIC warehouse owners, recreating network effects that Bitcoin used to have.”
“GPU mining is a game-changer for the cryptocurrency industry. It allows anyone to participate in mining, regardless of their location or technical expertise. This has the potential to democratize the mining process and make it more accessible to a wider audience.”
It is usually not currently possible to buy alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to acquire Bitcoin Gold should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin Gold using one of the aforementioned exchanges.
For example, if an investor buys 1 Ethereum on Coinbase for $100, they can then use that Ethereum to buy 15.5 Bitcoin Gold on Binance for $9.94. This demonstrates the complex process of buying and selling alternative cryptocurrencies.
It is also worth noting that the process of buying and selling alternative cryptocurrencies can be complex and time-consuming. Investors should carefully research and understand the risks involved before making a purchase.
Additionally, the lack of regulation and oversight in the cryptocurrency market can create uncertainty and volatility. Investors should be aware of these risks and take steps to mitigate them.
Overall, the process of buying and selling alternative cryptocurrencies such as Bitcoin Gold requires careful research, planning, and execution. Investors should be aware of the risks involved and take steps to protect their investments.
Bitcoin Gold Coin Profile
Bitcoin Gold is a proof-of-work (PoW) cryptocurrency that uses the Equihash hashing algorithm.
- Market Capitalization
- Total Supply
- Launched Date
- Official Website
- Official Twitter Account
- Official Facebook Page
- Official Message Board
- Market Capitalization
- $11.38 million
- Total Supply
- 17,513,924 coins
- Launched Date
- October 25th, 2017
- Official Website
- btgofficial.org
- Official Twitter Account
- @bitcoingold
- Official Facebook Page
- accessible here
- Official Message Board
- forum.bitcoingold.org
Bitcoin Gold has a unique feature that sets it apart from other cryptocurrencies. This has the potential to democratize the mining process and make it more accessible to a wider audience.
Key Highlights:
- GPU mining allows anyone to participate in mining, regardless of location or technical expertise.
- BTG is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs.
- GPU mining rewards go to individuals worldwide, instead of mostly to ASIC warehouse owners.
- BTG has a total supply of 17,513,924 coins.
- BTG’s official website is btgofficial.org.
Over the last week, Bitcoin Gold has traded 28% lower against the dollar.
Here is a chart showing Bitcoin Gold’s performance over the last 24 hours:
Time | Price (USD) | Price (BTC) |
---|---|---|
11:00 AM E.T. | $0.65 | 0.00000765 |
Last 24 hours | -4.6% | – |
As shown in the chart, Bitcoin Gold’s price has decreased by 4.6% over the last 24 hours.