$28.64

-0.92% (24H)
Low $28.37
High $29.14
  • Market Cap $501.18 M
  • Volume $1.13 M
  • Available Supply 17.51 M BTG
  • ATH $456.25
  • ATH(% Change) -93.73%
  • ATH Date 2017-12-20

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Date Price Volume MarketCap

Bitcoin Gold current price is $28.64 with a marketcap of $501.18 M. Its price is -0.92% down in last 24 hours.

Bitcoin Gold hopes to change the paradigm around mining on the Bitcoin blockchain According to the founders the Bitcoin blockchain has become too centralized Large companies with huge banks of mining computers now mine the vast majority of Bitcoin For the founders of Bitcoin Gold having large companies control the Bitcoin network defeats the purpose of a decentralized ledger and peer-to-peer currencies In response they ve initialized the Bitcoin Gold project It s an alternate fork of the Bitcoin blockchain that implements changes that make mining more equitable The goal of Bitcoin Gold is to create a network where anyone can become a miner with only basic hardware As a result Bitcoin Gold mining would be spread among many miners instead of a few large companies There have several features such as decentralization Bitcoin Gold decentralizes mining by adopting a PoW algorithm Equihash-BTG which cannot be run on the specialty... Read More