QQQ0.49%

Trending

NIGHT13.22%

Feed

News

Sentiment

Info

Historical Prices

home CoinsBTG

Updated 01:25 PM UTC

BTG Bitcoin Gold

$0.2338

$0.00

(0.00%)

Today

Mkt Cap$4.09M

Vol58.98

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."

News

all

press releases

Blockchain Security: How Blockchains Protect Data and Where They Still Fail

Blockchain security explained: how hashing, signatures and consensus protect the ledger, which attacks have worked, and how to keep your crypto safe.

Blockchain Reporter

Blockchain Security: How Blockchains Protect Data and Where They Still Fail

Blockchain security explained: how hashing, signatures and consensus protect the ledger, which attacks have worked, and how to keep your crypto safe.

Blockchain Reporter

More News

Live updates: Bitcoin, gold and tech futures edge higher as markets await U.S. jobs report

Bitcoin trades above $86,000 as gold and tech futures rise, with investors expecting 90,000 new U.S. jobs and unemployment to hold at 4.1%.

coindesk

Can Your Spouse Take Your Crypto in a Divorce?

No two people say “I do” expecting to end up arguing over a hardware wallet in front of a judge. But that’s exactly where a growing number of couples are landing, and crypto has been quietly showing up in divorce court cases for years now, in disputes that look nothing like a sta...

DeFi Planet

Bitcoin Hit 18 Ounces Of Gold, And Cathie Wood Says The Run Isn't Over

A rare breakout against gold has ARK Invest's Cathie Wood arguing Bitcoin still has miles to run, though skeptics disagree.

Yellow News

Bitcoin Gold Correlation Climbs to 0.50 as Nasdaq Link Hits Yearly Low

TLDR: Bitcoin’s 90-day correlation with gold reached +0.50, more than doubling from early 2026 levels. Bitcoin’s Nasdaq 100 correlation fell to about 0.30, marking its lowest level in one year. The correlation surge accelerated after Treasury debt buybacks doubled to at least $4 ...

Blockonomi

A Fed rate increase would be a mistake, some observers say as bitcoin, gold, stocks fall

Your day-ahead look for Sept. 2, 2026

coindesk

Bitcoin ETFs Shed $201.8M After BTC Falls Below $78K

Fresh data shows a sharp Bitcoin ETF reversal after nine inflow sessions, while altcoin products continued to attract investor money.

Yellow News

Bitcoin Gold Correlation Tops 50% As Tech Stock Link Weakens

New 90-day correlation data shows BTC moving away from the Nasdaq and toward gold as CZ predicts a future crossover.

Yellow News

Bitcoin Could Challenge Gold’s 10X Market Cap Lead In Next Bull Cycle, CZ Says

Changpeng Zhao argues that Bitcoin could close gold’s 10X market gap as reserve assets and AI-driven crypto adoption evolve.