Bitcoin Gold Market Capitalization Tops $8.68 Million (BTG)

Bitcoin Gold (BTG) traded up 1.3% against the dollar during the 24 hour period ending at 11:00 AM ET on September 5th. Bitcoin Gold has a total market cap of $8.68 million and approximately $0.95 worth of Bitcoin Gold was traded on exchanges in the last day. In the last week, Bitcoin Gold has traded 1.2% higher against the dollar. One Bitcoin Gold coin can now be purchased for $0.50 or 0.00000622 BTC on major exchanges.

Here is how similar cryptocurrencies have performed in the last day:

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• Zcash (ZEC) traded 3.2% higher against the dollar and now trades at $1,017.97 or 0.01277364 BTC.
• Horizen (ZEN) traded up 19.6% against the dollar and now trades at $7.33 or 0.00009200 BTC.
• Pirate Chain (ARRR) traded up 4.2% against the dollar and now trades at $0.20 or 0.00000248 BTC.
• ZClassic (ZCL) traded 14.9% higher against the dollar and now trades at $0.20 or 0.00000250 BTC.
• Komodo (KMD) traded 20% lower against the dollar and now trades at $0.0076 or 0.00000010 BTC.

About Bitcoin Gold

Bitcoin Gold is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its genesis date was 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. Bitcoin Gold’s official website is btgofficial.org.

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

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