“Bitcoin Gold aims to make Bitcoin mining decentralised again.”
By simply differing from Bitcoin’s proof-of-work SHA256 to Equihash algorithm, everyday miners using GPU can mine Bitcoin Gold easily, and even though the GPU mining market is competitive and varies, Bitcoin Golds difficulty adjusts every block in order to compensate for the fluctuations.
Anyone who has spare computing power can profit by dedicating it to Bitcoin Gold mining. This is the concept that earned the trust of the most loyal community the crypto world may ever see, the original Bitcoin community loved bitcoin because they truly believed in what founder Satoshi Nakamoto had created.
They began mining not to get rich, but in hopes that one-day bitcoin would grow to be a truly decentralized digital cash system operating on a peer to peer network.
Almost 10 years in the future bitcoin is larger than ever but the dream of which the founder envisioned has fallen short of being decentralized.
The bitcoin network has been overtaken by ASIC mining farms— Data centers devoted to mining by using many ASIC devices. The top ASIC device mines at about 13.5TH/s vs the top GPU at 36.48MH/s. At this rate, it’s impossible to profit from mining bitcoin using a home computer, even with the best hardware.
Cryptocurrency was not intended to be a wall street gambling game, nor a corporate muscle machine. Bitcoin Gold aims to reignite the dream which united Satoshi’s loyal following and empower the democratic dream in cryptocurrency again.
“Great things in business are never done by one person. They’re done by a team of people.” – Steve Jobs
With the support of a strong base community and the team of developers, Bitcoin Gold is looking forward to an exciting future and has many great plans for 2018.
Bitcoin Gold is now in Exodus
As of January 19, 2017, Bitcoin Gold has been enabled in Exodus 1.43.0.
Exodus multi-asset desktop software platform designed to provide secure wallets, live charts, and built-in integration of ShapeShift — a leading instant digital asset exchange, supporting dozens of blockchain tokens including Bitcoin, Ethereum, and Bitcoin Gold. Trade any leading blockchain asset for any other.
ShapeShift is an easy, safe, and competitive cryptocurrency exchange. Users do not have to create accounts, deposit funds, or provide private personal information. This keeps the users safe from identity or financial theft – a critical improvement in exchange technology. The company has a strict “No Fiat” policy, meaning it does not use banks or political currencies anywhere in its operations.
Changelly from team that developed MinerGate
Changelly has one of the longest track records on the crypto market and is known for being the fair, fast, and trust exchange for exchanging cryptocurrency.
Uphold Instant & Low Cost, Transparent, Global, Innovative fiat exchange.
Uphold is a cloud-based digital money platform enabling users to buy, hold, convert and transact across 30+ currencies and commodities, including 6 cryptocurrency.
Hyundai Pay announced they’re adding Bitcoin Gold support to their hardware wallet and platform this month.
Bitcoin: BTG vs BCH which fork has a better network?