Bitcoin Gold (BTG) Market Cap Hits $397.44 Million

Bitcoin Gold (BTG) traded 4% higher against the U.S. dollar during the 24-hour period ending at 9:00 AM ET on September 14th. Bitcoin Gold has a market cap of $397.44 million and approximately $9.20 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. In the last week, Bitcoin Gold has traded 10.2% higher against the U.S. dollar. One Bitcoin Gold coin can currently be purchased for about $22.69 or 0.00037993 BTC on popular exchanges.

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

• Zcash (ZEC) traded 2.2% higher against the dollar and now trades at $30.37 or 0.00050845 BTC.
• Horizen (ZEN) traded up 1.4% against the dollar and now trades at $8.14 or 0.00013622 BTC.
• Komodo (KMD) traded 1.2% higher against the dollar and now trades at $0.25 or 0.00000425 BTC.
• Pirate Chain (ARRR) traded 1.3% higher against the dollar and now trades at $0.17 or 0.00000289 BTC.
• ZClassic (ZCL) traded 6.2% higher against the dollar and now trades at $0.0478 or 0.00000080 BTC.

Bitcoin Gold Profile

BTG 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. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. The official website for Bitcoin Gold is bitcoingold.org. 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.

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 buy alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to acquire Bitcoin Gold should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin Gold using one of the aforementioned exchanges.

BTG/USD price chart by TradingView