Bitcoin Gold (BTG) Price Up 21.1% Over Last Week

Bitcoin Gold (BTG) traded 62.4% lower against the dollar during the twenty-four hour period ending at 9:00 AM ET on February 13th. One Bitcoin Gold coin can currently be purchased for $0.57 or 0.00000850 BTC on popular cryptocurrency exchanges. Bitcoin Gold has a market capitalization of $10.02 million and $5.21 thousand worth of Bitcoin Gold was traded on exchanges in the last day. Over the last week, Bitcoin Gold has traded up 21.1% against the dollar.

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

• Zcash (ZEC) traded 0.6% lower against the dollar and now trades at $235.67 or 0.00350212 BTC.
• Horizen (ZEN) traded 1.9% higher against the dollar and now trades at $6.05 or 0.00008988 BTC.
• Pirate Chain (ARRR) traded down 6.9% against the dollar and now trades at $0.25 or 0.00000365 BTC.
• Komodo (KMD) traded down 0.9% against the dollar and now trades at $0.0235 or 0.00000035 BTC.
• ZClassic (ZCL) traded 1.1% lower against the dollar and now trades at $0.25 or 0.00000372 BTC.

Bitcoin Gold Coin Profile

Bitcoin Gold (BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its launch date was October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. Bitcoin Gold’s official message board is forum.bitcoingold.org. 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 btgofficial.org.

According to CryptoCompare, “BTG is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs. This type of equipment tends 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 Coin Trading

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

BTG/USD price chart by TradingView