Bitcoin Gold BTG Price 0.43885833

The price of gold is 32.08USD and the trading volume is 888-492-0 888-492-0. The asset has grown over the course of the day. The coin has a market cap of over 6 million dollars and has 0 coins in circulation. In the context of growing concern over centralization of mining and potential network misuse, Bitcoin Gold is experimenting with a new mining method in order to inform about future developments in mining. Unlike some forks, Bitcoin Gold does not intend to overtake the BTC but rather attracts attention and experiments with possible solutions allowing retail investors to participate in mining. The emergence of large companies armed with powerful mining computers on the mining market is one of the problems that the founders of Bitcoin Gold saw. They launched a project that will protect the original focus on decentralization and create a genuine peer-to-peer currency. Instead of favoring large players in the market with high performance equipment,BTG coin mining was made possible with conventional or even basic equipment. The Equihash hashing algorithm was chosen by the team to make this possible. As of January 2021, there were 17,513,924BTG coins in circulation.