Bitcoin Gold (BTG) Trading 31.8% Higher Over Last 7 Days

Bitcoin Gold (BTG) traded 5.2% higher against the U.S. dollar during the 1 day period ending at 21:00 PM E.T. on March 11th. Over the last week, Bitcoin Gold has traded 31.8% higher against the U.S. dollar. Bitcoin Gold has a total market capitalization of $948.96 million and $155.82 million worth of Bitcoin Gold was traded on exchanges in the last day. One Bitcoin Gold coin can currently be purchased for about $54.18 or 0.00074989 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed over the last day:

  • Zcash (ZEC) traded 6.1% higher against the dollar and now trades at $34.79 or 0.00048154 BTC.
  • Horizen (ZEN) traded 12.2% higher against the dollar and now trades at $13.70 or 0.00018961 BTC.
  • Komodo (KMD) traded up 9.4% against the dollar and now trades at $0.37 or 0.00000518 BTC.
  • Pirate Chain (ARRR) traded down 0.5% against the dollar and now trades at $0.17 or 0.00000236 BTC.
  • Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
  • ZClassic (ZCL) traded up 11.1% against the dollar and now trades at $0.0540 or 0.00000075 BTC.

Bitcoin Gold Coin Profile

Bitcoin Gold is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It launched on October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. 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 Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed 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 currently 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 GDAX, Coinbase or Changelly. 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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