logo
BTGUSD Price History

BTG Price Live Data

The live Bitcoin Gold price today is $20.44000 USD with a 24-hour trading volume of $2,410,511.62994 USD. We update our BTG to USD price in real-time. Bitcoin Gold percentage is -0.59% in the last 24 hours. The current market cap of BTG is $359,874,559.43 USD.

If you would like to know where to buy BTG at the current rate, the top cryptocurrency exchanges for trading in BTG stock are currently Binance, Bybit, FTX, OKX, and BitCoke.

About 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. 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 equipment used for Bitcoin mining (ASIC miners.) This gives ordinary users a fair opportunity to mine with common GPUs. Besides, there have fair distribution. Hard forking Bitcoin’s blockchain fairly and efficiently distributes 16.5 million BTG immediately to people all over the world who have interest in cryptos. Other methods, such as creating coins with a new genesis block, concentrate ownership within a small group. There also have a replay protection. To ensure the safety of the Bitcoin ecosystem, Bitcoin Gold has implemented full replay protection and unique wallet addresses, essential features that protect users and their coins from several kinds of accidents and malicious threats. Most new mineable cryptocurrencies involve ASIC-resistant hashing algorithms, and it’s becoming something of an industry standard to promote decentralization. In that respect, Bitcoin Gold holds a lot to be excited about. At its core, it’s about transitioning the Bitcoin network to more decentralized mining. However, as we saw above, there’s not much evidence that the current Bitcoin mining system is broken. There have been some small complaints, and it’s not ideal that the network is so centralized. Nevertheless, miners on Bitcoin have a lot to lose if they wield their power too aggressively. There are also new entrants to the Bitcoin mining community that are decentralizing control from a few key ASIC farms. The general consensus from Bitcoin experts is there’s not enough new in Bitcoin Gold to warrant an independent investment. While it certainly doesn’t hurt to hold onto your free BTG that you receive as a result of the fork (if you owned Bitcoin before Oct 24), wait until the dust settles before deciding whether to buy more."

BTGUSDT Price Statistics

BTG Price Today
BTG Price $20.44000
Price Change 24h -0.59%
Trading Volume 24h $2,410,511.63
Market Cap $359,874,559.43
Today BTGUSD Price Updates. Just Trade Signals provides live rates, charts, technical indicators, and price history of BTGUSD and other cryptocurrencies
BTGUSD price
BTGUSDT price updates
BTGUSD value
BTGUSD chart
BTGUSD price history
BTGUSDT value
BTGUSDT price
crypto
cryptocurrencies

Recent Post

Cryptocurrency News