() traded 0.7% lower than the dollar in the 1-day period ending at 0:00 am Eastern time on May 4th. Bitcoin Gold's value against the dollar has fallen 3.8% in the past week. On major exchanges, one Bitcoin Gold coin is currently available for $13.94 (or 0.00047690BTC). Bitcoin Gold's market cap is $244.22 millions and in the past 24 hours, $977.026.35 of Bitcoin Gold were traded.
See how other cryptos have performed over the past 24 hours.
Zcash (ZEC), which is a cryptocurrency, traded 0.8% lower than the dollar. It now trades for $36.69 BTC or 0.00125487 ZEC.
Horizen (ZEN), which is currently trading at $9.58, or 0.00032772 BTC, has gained 0.6% in value against the dollar.
Pirate Chain (ARRR), which trades for $0.31 or 0.00001060 Bitcoin, is up 0.1% against the dollar.
Komodo (KMD), which trades for $0.32 or 0.00001088 BTC, has fallen 2.9% in value against the dollar.
Bitcoin Private (BTCP), which trades for $0.25 or 0.00000860 BTC, has gained 0.4% in value against the dollar.
ZClassic (ZCL), which trades for $0.0474, or 0.00000162 BTC, is now 0.2% lower than the dollar.
It is a Proof-of-Work (PoW), coin that uses Equihash as its hashing algorithm. Its genesis was on October 25th 2017. The total supply of Bitcoin Gold is 17,513,924 coin. Here is a link to the article
CryptoCompare states that Bitcoin Gold (BTG), a digital currency, is designed to decentralize Bitcoin mining through GPU hardware. This makes it more accessible for a larger range of users. BTG is based off the original Bitcoin blockchain, but uses a different algorithm for mining, Equihash. This promotes decentralization, and prevents the concentration of mining powers. BTG is a fork from Bitcoin that was created in 2017. It maintains the same features as Bitcoin such as having a cap on supply of 21,000,000 coins. BTG is used for peer to peer transactions as well as mining on GPU hardware in order to earn rewards. BTG is a decentralized, democratic mining system that empowers individual miners while promoting wider participation.
Bitcoin Gold: Buying and selling
In most cases, it is not possible to purchase alternative cryptocurrencies like Bitcoin Gold using US dollars. MarketBeat.com’s FREE CryptoBeat Newsletter