Bitcoin Gold (BTG) Achieves Market Capitalization of $8.34 Million

Bitcoin Gold (BTG) traded up 1.8% against the U.S. dollar during the 1 day period ending at 11:00 AM E.T. on September 17th. During the last seven days, Bitcoin Gold has traded 1.2% lower against the U.S. dollar. One Bitcoin Gold coin can currently be bought for $0.48 or 0.00000625 BTC on popular exchanges. Bitcoin Gold has a market capitalization of $8.34 million and approximately $0.95 worth of Bitcoin Gold was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed during the last day:

• Zcash (ZEC) traded up 14.5% against the dollar and now trades at $1,424.21 or 0.01868372 BTC.
• Horizen (ZEN) traded 10.1% higher against the dollar and now trades at $7.06 or 0.00009260 BTC.
• Pirate Chain (ARRR) traded up 36.1% against the dollar and now trades at $0.32 or 0.00000415 BTC.
• ZClassic (ZCL) traded 59.7% higher against the dollar and now trades at $1.35 or 0.00001775 BTC.
• Komodo (KMD) traded 341.6% higher against the dollar and now trades at $0.0182 or 0.00000024 BTC.

Bitcoin Gold Coin Profile

BTG is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its launch date was 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. The official website for Bitcoin Gold is btgofficial.org. The official message board for Bitcoin Gold 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 buy alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to acquire Bitcoin Gold should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin Gold using one of the aforementioned exchanges.

BTG/USD price chart by TradingView