Bitcoin Gold News
Bitcoin Gold (BTG) is a new kind of cryptocurrency that came about as a result of a Bitcoin hard fork and is aimed to be more decentralized than Bitcoin. BTG was founded in 2017 by Jack Liao, who was CEO of the mining software company Lightning ASIC, headquartered in Hong Kong. BTG uses the same PoW consensus algorithm as BTC does, so the main difference between them is the use of Equilash hash algorithm instead of SHA 256 in order to prevent Bitcoin Gold mining unless it is done with ASIC equipment. Bitcoin Gold’s price also depends on buyers’ interest and, despite the fact that many BTC holders have exchanged their crypto money for BTG when it first appeared, Bitcoin Gold’s future is still unknown, as currently it is only ranked 20th by market cap.
Is gold becoming inflationary? Can Bitcoin replace it as a store of value due to its scarcity and reliability? Are Uganda’s numbers implausible? Questions arise...
Uganda’s gold discovery: What it could mean for crypto
Investors could be mistakenly linking the bank with the 2017 Bitcoin hard fork, causing a spike in price and trading action.
‘Not a cheaper Bitcoin’ — Bitcoin Gold soars 173% as traders may be buying the wrong BTG
ASIC miners are the best option for Bitcoin network security well into the future, new research has found.
Switching Bitcoin to 100% ASIC Mining Could Increase Security 2,000X
Goldman Sachs will soon host a conference call discussing the impacts of the current economic crisis on Bitcoin, gold, and inflation.
Goldman Sachs to Host Conference Call on Crisis, Crypto, and Inflation
BTCs halving seems to be the only one on the minds of traders, with several forks correlating with BTC in the run-up to their halvings.
Bitcoin Forks Flounder Despite Imminent Halvings
Bitcoin Gold appears to have been taken over by a single whale that controls price action and is preventing the coin from rising too quickly for a later sell-of...
Bitcoin Gold Is Held Captive by Whale With Almost Half the Supply
The Bitcoin Gold blockchain suffered a second 51% attack in two years, leading to $70,000 worth of BTG being double spent.
Bitcoin Gold Blockchain Hit by 51% Attack Leading to $70K Double Spend