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- US House Representative Ro Khanna Lauds BTC Which ‘Cannot Be Devalued’- Calls for Less Carbon Intensive MiningNews – DoingCoin - 55 minutes agoBy DoingCoin – Crypto Community After Elizabeth Warren, the U.S. Senator for Massachusetts called bitcoin a speculative asset, Ro Khanna, the U.S. House Representative for…
- Especial día de la mujer | 3er panel: Comunidad cripto y liderazgo femeninoNews – DoingCoin - 1 hour agoBy DoingCoin – Crypto Community En Binance, pensamos y creemos firmemente que debemos apoyar las causas que harán de nuestra sociedad una más equilibrada y…
- Especial día de la mujer | 2do panel: Emprendedoras liderando el mercado P2P en LatinoaméricaNews – DoingCoin - 1 hour agoBy DoingCoin – Crypto Community En Binance, pensamos y creemos firmemente que debemos apoyar las causas que harán de nuestra sociedad una más equilibrada y…
- Especial día de la mujer | 1er panel: Equidad de genero en el ecosistema criptoNews – DoingCoin - 1 hour agoBy DoingCoin – Crypto Community En Binance, pensamos y creemos firmemente que debemos apoyar las causas que harán de nuestra sociedad una más equilibrada y…
- Report: Chainlink May Eventually Eclipse BitcoinNews – DoingCoin - 1 hour agoBy DoingCoin – Crypto Community Chainlink is making waves in the crypto and blockchain industry, and now a report by Citi Group is suggesting something…
What is Bitcoin Gold?
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.
BTG is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs.
ASICs tend to monopolize mining to a few big players, but GPU mining means anyone can mine again - restoring decentralization and independence. GPU mining rewards go to individuals worldwide, instead of mostly to ASIC warehouse owners, recreating network effects that Bitcoin used to have.
Bitcoin Gold is a cryptocurrency with a price of $29.16 and marketcap of $512,263,674. Bitcoin Gold's market price has increased 4.59% in the last 24 hours. It ranks 106 amongst all cryptocurrencies with daily volume of $39,328,556.