Bitcoin Gold Price Up 7.6% Over Last Week (BTG)

Bitcoin Gold (BTG) traded up 7.2% against the U.S. dollar during the twenty-four hour period ending at 16:00 PM E.T. on May 4th. Bitcoin Gold has a market cap of $647.38 million and $117.11 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. One Bitcoin Gold coin can currently be purchased for about $36.96 or 0.00057740 BTC on major exchanges. During the last seven days, Bitcoin Gold has traded 7.6% higher against the U.S. dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

  • Zcash (ZEC) traded 0% lower against the dollar and now trades at $23.27 or 0.00036344 BTC.
  • Horizen (ZEN) traded up 1% against the dollar and now trades at $8.89 or 0.00013888 BTC.
  • Pirate Chain (ARRR) traded 15.6% higher against the dollar and now trades at $0.37 or 0.00000580 BTC.
  • Komodo (KMD) traded 1% higher against the dollar and now trades at $0.42 or 0.00000660 BTC.
  • Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
  • ZClassic (ZCL) traded 2.5% higher against the dollar and now trades at $0.0574 or 0.00000090 BTC.

Bitcoin Gold Coin Profile

Bitcoin Gold (CRYPTO: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. The official message board for Bitcoin Gold is forum.bitcoingold.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. The official website for Bitcoin Gold is bitcoingold.org.

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 possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to trade Bitcoin Gold should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly 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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