Bitcoin Gold Market Cap Hits $788.13 Million (BTG)

Bitcoin Gold (BTG) traded 2.1% lower against the U.S. dollar during the 24-hour period ending at 8:00 AM Eastern on April 3rd. Bitcoin Gold has a total market capitalization of $788.13 million and approximately $29.61 million worth of Bitcoin Gold was traded on exchanges in the last day. One Bitcoin Gold coin can currently be purchased for approximately $45.00 or 0.00068061 BTC on major cryptocurrency exchanges. During the last week, Bitcoin Gold has traded down 6% against the U.S. dollar.

Here is how related cryptocurrencies have performed during the last day:

  • Zcash (ZEC) traded 1% higher against the dollar and now trades at $27.83 or 0.00042089 BTC.
  • Horizen (ZEN) traded up 0.2% against the dollar and now trades at $12.98 or 0.00019628 BTC.
  • Komodo (KMD) traded 2.7% higher against the dollar and now trades at $0.47 or 0.00000714 BTC.
  • Pirate Chain (ARRR) traded down 0.4% against the dollar and now trades at $0.17 or 0.00000252 BTC.
  • Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
  • ZClassic (ZCL) traded down 0.7% against the dollar and now trades at $0.0618 or 0.00000093 BTC.

Bitcoin Gold Coin Profile

BTG is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It was first traded on October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed here. Bitcoin Gold’s official website is bitcoingold.org. Bitcoin Gold’s official message board is forum.bitcoingold.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here.

According to CryptoCompare, “Bitcoin Gold (BTG) is a digital currency that aims to decentralize the process of Bitcoin mining by utilizing GPU hardware, making it more accessible to a wider range of users. BTG is based on the original Bitcoin blockchain but incorporates a different mining algorithm, Equihash, to promote decentralization and prevent the concentration of mining power. BTG was created in 2017 as a fork of Bitcoin, and it maintains similar features such as a limited supply cap of 21 million coins. BTG can be used for peer-to-peer transactions, as well as for mining on GPU hardware to earn rewards for securing the network. BTG aims to provide a more decentralized and democratic approach to mining, empowering individual miners and promoting wider participation in the mining process.”

Bitcoin Gold Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to acquire Bitcoin Gold should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Bitcoin Gold using one of the exchanges listed above.

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