Bitcoin Gold (BTG) Price Up 7.9% Over Last 7 Days

Bitcoin Gold (BTG) traded 0.3% higher against the U.S. dollar during the 1 day period ending at 11:00 AM E.T. on August 12th. One Bitcoin Gold coin can now be purchased for about $0.40 or 0.00000623 BTC on popular exchanges. Bitcoin Gold has a total market capitalization of $6.92 million and $0.61 worth of Bitcoin Gold was traded on exchanges in the last day. Over the last seven days, Bitcoin Gold has traded up 7.9% against the U.S. dollar.

Here is how other cryptocurrencies have performed over the last day:

• Zcash (ZEC) traded up 2.4% against the dollar and now trades at $485.92 or 0.00765997 BTC.
• Horizen (ZEN) traded 1.6% lower against the dollar and now trades at $4.04 or 0.00006372 BTC.
• Pirate Chain (ARRR) traded down 6.6% against the dollar and now trades at $0.22 or 0.00000354 BTC.
• Komodo (KMD) traded up 1,018.3% against the dollar and now trades at $0.0695 or 0.00000108 BTC.
• ZClassic (ZCL) traded 5.8% lower against the dollar and now trades at $0.18 or 0.00000282 BTC.

Bitcoin Gold Coin Profile

Bitcoin Gold (CRYPTO:BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It was first traded on October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. The official message board for Bitcoin Gold is forum.bitcoingold.org. 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. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here.

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”

Bitcoin Gold Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to acquire Bitcoin Gold should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin Gold using one of the exchanges listed above.

BTG/USD price chart by TradingView