Bitcoin Gold (BTG) Trading 11% Higher This Week

Bitcoin Gold (BTG) traded up 2.4% against the dollar during the 1-day period ending at 17:00 PM ET on September 13th. In the last week, Bitcoin Gold has traded up 11% against the dollar. Bitcoin Gold has a market capitalization of $388.90 million and approximately $1.98 million worth of Bitcoin Gold was traded on exchanges in the last day. One Bitcoin Gold coin can now be bought for $22.21 or 0.00037028 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Zcash (ZEC) traded up 4% against the dollar and now trades at $30.52 or 0.00050896 BTC.
• Horizen (ZEN) traded up 1% against the dollar and now trades at $8.15 or 0.00013592 BTC.
• Komodo (KMD) traded up 2.3% against the dollar and now trades at $0.26 or 0.00000431 BTC.
• Pirate Chain (ARRR) traded down 1.8% against the dollar and now trades at $0.17 or 0.00000288 BTC.
• ZClassic (ZCL) traded up 1.5% against the dollar and now trades at $0.0467 or 0.00000078 BTC.

Bitcoin Gold Coin 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 Twitter account is @bitcoingold and its Facebook page is accessible here. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed here. Bitcoin Gold’s official website is bitcoingold.org. Bitcoin Gold’s official message board is forum.bitcoingold.org.

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.”

Buying and Selling Bitcoin Gold

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

BTG/USD price chart by TradingView