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Bitcoin Gold Price
BTG
How Much is 1 Bitcoin Gold (BTG)
Convert BTG to your currency
Last Updated on Apr 06, 2026 04:44 AM
What is Bitcoin Gold?
About the coin
Bitcoin Gold was created as a response to the centralization of Bitcoin mining. The founders believe that the Bitcoin blockchain has become too centralized, with large companies controlling the majority of mining operations. This centralization contradicts the decentralized nature of cryptocurrencies. Bitcoin Gold is an alternate fork of the Bitcoin blockchain, designed to make mining more equitable and accessible to individuals.
Main features
Bitcoin Gold introduces several features to promote decentralization. It adopts a Proof of Work (PoW) algorithm called Equihash-BTG, which is resistant to ASIC miners, allowing ordinary users to mine using common GPUs. This ensures a fair distribution of mining power among many miners rather than a few large companies. Additionally, Bitcoin Gold implements full replay protection and unique wallet addresses to safeguard users and their coins from potential threats.
How it works
Bitcoin Gold's primary goal is to transition the Bitcoin network to more decentralized mining. By using an ASIC-resistant hashing algorithm, it promotes a more equitable mining environment. The project also involves a hard fork of Bitcoin's blockchain, distributing 16.5 million BTG to crypto enthusiasts worldwide. Despite its innovative approach, some experts argue that the current Bitcoin mining system is not significantly flawed, and Bitcoin Gold may not offer enough new features to justify independent investment.
Tangem supports networks for Bitcoin Gold
Temporarily not supported
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Bitcoin Gold FAQ
- Bitcoin Gold is a crypto asset running on its own blockchain. It supports peer-to-peer transactions and offers features shaped by the project’s technical framework.
- Bitcoin Gold stands out for its performance, cost-effective transactions, and ecosystem support. These strengths make it suitable for various blockchain activities.
- BTG represents the same asset as Bitcoin Gold. The ticker is simply a short label for trading and listing purposes.
- Download and install a compatible GPU/CPU miner. Examples of miners compatible with Bitcoin Gold include Bminer and Claymore miners. Choose a mining pool. Bitcoin Gold is mined using a Proof-of-Work algorithm, so you'll need to join a mining pool to mine BTG efficiently.
- Based on a free-market ideology, bitcoin was invented in 2008 bySatoshi Nakamoto, an unknown entity (person or persons). Use of bitcoin as a currency began in 2009, with the release of its open-source implementation. In 2021, El Salvador adopted it as legal tender.
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