Bitcoin Gold

Bitcoin Gold (ticker symbol: BTG) is a hard fork of the original open-source . It is also a cryptocurrency with Bitcoin fundamentals which is mined on common GPUs instead of specialty ASICs[1][2].

Distribution & Transparency

Besides the goal of "re-decentralizing" bitcoin, bitcoin gold's developers focused on issues related to distribution, protection, and transparency. According to the bitcoin gold website it states that “hard forking bitcoin's blockchain efficiently distributes a new digital asset immediately to people all over the world who have interest in cryptocoins”.


According to the bitcoin gold website in 2018, “the cryptocurrency was trading live on , , Binance, Bittrex, , Uphold, YoBit, , Changelly, Shapeshift,  (cryptocurrency), Abucoins, Change Now,Evercoin, Tdax, Bitsane, Bitstarex, QuadrigaCX, , Okex, Anybits, BestRate, Bitmarket, Indacoin, CoinSwitch, and Unocoin”.

Purpose of bitcoin gold

The purpose of Bitcoin Gold is to make Bitcoin mining decentralized, where the manufacture and distribution of mining equipment has become dominated by a very small number of entities[1]

By changing Bitcoin’s proof-of-work algorithm from SHA256 to Equihash, all of the specialized SHA256 mining equipment will be obsolete for mining the Bitcoin Gold blockchain[3]

Bitcoin Gold provides an opportunity for countless users around the world to participate in the mining process with widely-available consumer hardware that is manufactured and distributed by reputable mainstream corporations[4].

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Bitcoin Gold

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Edited On

August 12, 2022

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