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This presentation is about gaining some knowledge how to invest in bitcoin gold. There are some factors that buyer should know before buying bitcoin gold. Like how it differs from Bitcoin.
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Know About Bitcoin Gold and How it Differs from Bitcoin
What is Bitcoin Gold? • Bitcoin gold (BTG) uses GPU-based mining hardware most powerful mining machine. • The more powerful your GPU is, the faster you will successfully be able to mine coins. • Bitcoin Gold is running on the Equihash algorithm.
Bitcoin Gold (BTG) • Equihash algorithm was developed by the University of Luxembourg's Interdisciplinary Centre for Security, Reliability, and Trust. • Bitcoin gold (BTG) is the new branch of the Bitcoin Blockchain. • It was released on 12 November 2017.
How Bitcoin Gold is Differ from Bitcoin • Bitcoin and Bitcoin Cash is running on SHA256 while Bitcoin Gold uses Equihash. • Bitcoin and Bitcoin Cash (BTC and BCH), all use ASIC mining hardware, while Bitcoin Gold (BTG) uses GPU- based mining hardware.
BTC, BCH Differ from BTG • Total supply for bitcoin, bitcoin cash and bitcoin gold is of 21 million tokens . • Bitcoin and Bitcoin gold have a block size of 1MB (2 to 4MB actual), while Bitcoin Cash has an 8MB block size (8MB actual).
How To Buy BTC, BCH, And BTG • Bitcoin (BTC) and Bitcoin Cash (BCH) can be purchased from most major exchanges. • The same process is for bitcoin gold (BTG) just like other crypto currencies . • You can buy all the three crypto currencies at Bitfeu.com. • Bitcoin Gold is trading at about $84.17.
Advantages of BTG •The point of Bitcoin Gold is to solve a crucial problem in the world of bitcoin. • BTG has a good market cap that is $1,420,431,102 USD equal to 148,819 BTC • BTG will keep most properties of the original bitcoin protocol but restrict the use of certain chips for mining.
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