Bitcoin Gold (BTG) Price Up 5% This Week

Bitcoin Gold (BTG) traded 0.1% higher against the dollar during the 24-hour period ending at 14:00 PM Eastern on October 15th. Bitcoin Gold has a market capitalization of $403.91 million and approximately $12.33 million worth of Bitcoin Gold was traded on exchanges in the last day. Over the last week, Bitcoin Gold has traded 5% higher against the dollar. One Bitcoin Gold coin can now be bought for about $23.06 or 0.00034445 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed over the last day:

• Zcash (ZEC) traded 1.5% lower against the dollar and now trades at $37.43 or 0.00055910 BTC.
• Horizen (ZEN) traded 1.3% lower against the dollar and now trades at $8.27 or 0.00012359 BTC.
• Komodo (KMD) traded 1.7% lower against the dollar and now trades at $0.26 or 0.00000388 BTC.
• Pirate Chain (ARRR) traded 1.2% higher against the dollar and now trades at $0.17 or 0.00000250 BTC.
• ZClassic (ZCL) traded down 0.4% against the dollar and now trades at $0.0523 or 0.00000078 BTC.

Bitcoin Gold Profile

Bitcoin Gold is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It was first traded on October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. Bitcoin Gold’s official website is bitcoingold.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. Bitcoin Gold’s official message board is forum.bitcoingold.org. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed here.

According to CryptoCompare, “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.”

Bitcoin Gold Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to acquire Bitcoin Gold should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin Gold using one of the aforementioned exchanges.

BTG/USD price chart by TradingView