Bitcoin Gold (BTG) Price Reaches $16.46

Bitcoin Gold (BTG) traded 2.1% lower against the US dollar during the one day period ending at 17:00 PM Eastern on January 25th. Bitcoin Gold has a total market capitalization of $288.36 million and approximately $11.97 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. One Bitcoin Gold coin can now be purchased for $16.46 or 0.00070345 BTC on popular cryptocurrency exchanges. During the last week, Bitcoin Gold has traded up 9% against the US dollar.

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

  • Zcash (ZEC) traded 0.5% higher against the dollar and now trades at $46.05 or 0.00196743 BTC.
  • Horizen (ZEN) traded 0.5% higher against the dollar and now trades at $10.67 or 0.00045568 BTC.
  • Pirate Chain (ARRR) traded up 0.1% against the dollar and now trades at $0.43 or 0.00001836 BTC.
  • Komodo (KMD) traded 1.7% higher against the dollar and now trades at $0.26 or 0.00001132 BTC.
  • Bitcoin Private (BTCP) traded down 10.6% against the dollar and now trades at $0.49 or 0.00002100 BTC.
  • ZClassic (ZCL) traded up 2.6% against the dollar and now trades at $0.0506 or 0.00000216 BTC.

Bitcoin Gold Profile

Bitcoin Gold (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 website for Bitcoin Gold 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, “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.”

Buying and Selling Bitcoin Gold

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

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