Bitcoin Gold Price Up 15.1% Over Last 7 Days (BTG)

Bitcoin Gold (BTG) traded 9.7% higher against the U.S. dollar during the twenty-four hour period ending at 11:00 AM Eastern on August 20th. Bitcoin Gold has a market capitalization of $7.98 million and approximately $0.61 worth of Bitcoin Gold was traded on exchanges in the last 24 hours. In the last seven days, Bitcoin Gold has traded 15.1% higher against the U.S. dollar. One Bitcoin Gold coin can currently be purchased for approximately $0.46 or 0.00000632 BTC on major cryptocurrency exchanges.

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

• Zcash (ZEC) traded up 2.9% against the dollar and now trades at $561.77 or 0.00779721 BTC.
• Horizen (ZEN) traded 5.8% higher against the dollar and now trades at $4.30 or 0.00005963 BTC.
• Pirate Chain (ARRR) traded 13.4% higher against the dollar and now trades at $0.20 or 0.00000281 BTC.
• ZClassic (ZCL) traded up 12.7% against the dollar and now trades at $0.27 or 0.00000375 BTC.
• Komodo (KMD) traded 57.1% higher against the dollar and now trades at $0.0105 or 0.00000015 BTC.

Bitcoin Gold Coin 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. Bitcoin Gold’s official website is btgofficial.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. 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. Telegram, Discord, Facebook, Youtube, Reddit, Medium”

Buying and Selling Bitcoin Gold

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

BTG/USD price chart by TradingView