Currency Image Bitcoin Gold (BTG)

0.001058 BTC (0.00%)
currency icon 20.4400 USD (-0.30%)
Market Cap
currency icon 358,071,910.0000 USD
Volume (24h)
currency icon 4,964,801.0000 USD
Circulating Supply
17,513,924 BTG
Max Supply
21,000,000 BTG
 

Bitcoin Gold Market Pairs

Exchange messages.Pair Volume (24h) Price
BITHUMB BTG/KRW USD 40,586,301.24571329 BTG 32.92360081
HUOBI_GLOBAL BTG/BTC USD 662,178.53787751 BTG 33.73847269
BINANCE BTG/BTC USD 23,391.23501000 BTG 83.20108569
BITFINEX BTG/USD USD 2.00661344 BTG 1.14000002

About Bitcoin Gold

Overview Image

BTG is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs. ASICs tend 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.

Historical data for Bitcoin Gold

Date Open* Close* High Low Volume
30 Sep, 2022 1.3854 20.3440 3.5972 20.3440 112451.001
29 Sep, 2022 20.2410 20.2410 20.2410 20.2410 102564.001
28 Sep, 2022 21.1170 20.2410 20.2410 19.8210 152595.001
27 Sep, 2022 1.6151 20.6290 20.6290 20.6290 1022520.001
26 Sep, 2022 9.2125 1.6151 20.6290 1.5562 152056.001
25 Sep, 2022 20.5210 20.5210 20.5210 20.5210 126815.001
24 Sep, 2022 21.0000 20.5210 21.4430 20.4700 115544.001
23 Sep, 2022 20.5510 20.5510 20.5510 20.5510 1022520.001
22 Sep, 2022 19.5851 20.5510 20.8940 18.6774 152056.001
21 Sep, 2022 20.4260 20.4260 20.4260 20.4260 125250.001
20 Sep, 2022 15.8176 20.4260 21.2800 20.4260 125250.001
19 Sep, 2022 20.9920 20.9920 20.9920 20.9920 126815.001
18 Sep, 2022 23.3810 20.9920 23.3810 20.9920 126815.001
17 Sep, 2022 22.5500 22.5500 22.5500 22.5500 126815.001
16 Sep, 2022 12.8807 22.5500 22.5500 22.5260 125250.001
15 Sep, 2022 24.1280 24.1280 24.1280 24.1280 102564.001
14 Sep, 2022 23.6240 24.1280 24.9880 23.6240 112451.001
13 Sep, 2022 25.4840 25.3850 25.4840 25.2150 152056.001
12 Sep, 2022 21.7048 25.4840 25.4872 25.4680 152056.001
11 Sep, 2022 14.7980 14.7980 14.7980 14.7980 125454.001
10 Sep, 2022 20.4008 14.7980 27.1000 25.1060 125250.001
09 Sep, 2022 23.7200 23.7200 23.7200 23.7200 125150.001
08 Sep, 2022 22.7110 23.7200 23.8670 22.7110 125454.001
07 Sep, 2022 23.0340 22.9750 23.1750 22.9460 152056.001
06 Sep, 2022 16.0753 22.6750 26.2910 23.0060 152595.001
05 Sep, 2022 2.8137 22.3050 22.3050 22.3050 125250.001
04 Sep, 2022 21.4311 2.8137 22.3340 2.8137 125250.001
03 Sep, 2022 17.2571 17.2571 17.2571 22.3420 125150.001
02 Sep, 2022 22.3480 17.2571 22.7258 17.2571 125411.001
01 Sep, 2022 22.8790 22.8790 22.8790 22.8790 125454.001

What is Bitcoin Gold?

Bitcoin Gold (BTG) is a cryptocurrency. It is a hard fork of Bitcoin, the open source cryptocurrency. It is an open source, decentralized digital currency without a central bank or intermediary that can be sent from user to user on the peer-to-peer Bitcoin Gold network. The stated purpose of the hard fork is to change the proof of work algorithm so that application specific integrated circuits (ASIC) cannot be used to mine the Bitcoin Gold block chain

Born as a community-driven project, it was initiated by Alejandro Regojo and Hang Ying as top developers. Bitcoin Gold hard forked from the Bitcoin block chain on October 24, 2017, at block height 491407.

Bitcoin Gold (BTG) Hard Fork Implements New Mining Algorithm in July 2018. The actual algorithm that was developed by Zcash (now, Electric Coin Company) was based on parameter set <200, 9>. Bitcoin Gold has modified this algorithm and is now adopting parameter set <144, 5>. This new algorithm is called Equihash-BTG. The new algorithm requires more memory than the one that was originally developed by Zcash. Soon after the launch, the website came under a distributed denial of service attack, and received criticism from Coinbase and Bittrex for being hastily put together, as well as including a developer pre-mine.

In May 2018, Bitcoin Gold was hit by a 51% hashing attack by an unknown actor. This type of attack makes it possible to manipulate the blockchain ledger on which transactions are recorded, and to spend the same digital coins more than once.[7] During the attack, 388,000 BTG (worth approximately $18 million USD) was stolen from several cryptocurrency exchanges. Bitcoin Gold was later delisted from Bittrex, after the team refused to help pay some of the damages.

Bitcoin Gold suffered from 51% attacks again in January 2020.[9] In July 2020 the version 0.17.2 was released as an "emergency update" in order to elude a long attack chain originated a few days before.

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September 29, 2022

What’s Better: Privacy Coins or Bitcoin Privacy Tools?

It's easy to send bitcoins these days. Scan the QR code or enter the address of the person you want to send it to, then press "Send".    But how secret is sending bitcoins? And more importantly, which is better: privacy tools that come with bitcoin, like CoinJoin, or privacy coins that don't come with bitcoin, like Monero or Zcash? Bitcoin and privacy coins: what the law says Before getting into the details of privacy coins, there are some legal questions that need to be answered. Many cryptocurrency exchanges have decided not to support privacy coins.    If you go to an exchange or broker that only sells bitcoins, you won't even see  other coins.    This is because regulators tend to scrutinize privacy coins more closely. Both licensed exchanges and brokers must follow the rules set by these regulators.    Some countries, such as South Korea and Japan, have made it illegal to own or trade privacy-protecting coins. As the rules change around the world, others are likely to follow. Bitcoin can also be  illegal, as China has done.    While bitcoin privacy tools are not officially banned in most places at the time of this writing, exchanges should monitor and try to limit their use.    For example, Binance was found to ban a user's account after the user was found to have mixed coins after withdrawing.    Regulated exchanges must use tools to analyze blockchain data to meet the financial control requirements of regulators. They can link identities to bitcoin addresses  using chain analysis tools like CipherTrace or Chainalysis.    This allows the exchange to observe profiles and clusters and look for "patterns of illegal behavior", which it must then report to those responsible for regulating the market.    Because the bitcoin blockchain is open and public, it doesn't offer that much privacy by default. As a result, regulators have been nicer to bitcoin. However, the same tools do not work so well for privacy coins. People who use Bitcoin and want to keep their identity secret must use different tools to hide their identity. How many types of privacy coins are there?  How each privacy coin hides transaction details depends on the type of cryptography used.    We don't need to talk about how each algorithm and coin is built in great detail. Nothing like a few coins and a simple explanation of how they work is enough to show how they differ. It is important to note that privacy coins can be used independently as privacy tools.  They can be used with bitcoin and enhance any plan to keep your money private.    For example, you can use an exchange service or a decentralized exchange to convert Bitcoin to Coin and break the surveillance system. But some experts say it makes you less private.    There are pros and cons to using a privacy coin instead of bitcoin privacy tools. Both methods help the user to do business online but give the user different levels of privacy.    There are many different types of privacy coins and each has its own way of ensuring that privacy is built in. Bitcoin privacy tools work a little differently, as users sometimes have to be extra careful not to make mistakes that could reveal their identity.    Which is better and easier to use to keep your financial information private online: bitcoin privacy tools or privacy coins? Is it easy to track Bitcoin transactions? With this bitcoin privacy guide, we'll dig deeper and give you all the answers.    In this article, we take a close look at all the important parts and each technology so you can make a smart choice. Read to learn and have fun. And if you found it useful, don't forget to tell your friends. We are grateful. Monero (XMR) Coin is one of the most used privacy coins. It was also one of the first to appear in 2014 .    Fans and developers say Moneron stands out in three main ways. These are called Ring Signatures, RingCT and Stealth Addresses. Ringtones hide who sends and receives a message, and RingCT hides how many are sent.    Finally, hidden addresses ensure that each address is used only once.    This three-part encryption combination makes Monero a good option for privacy protection. With Bitcoin, you shouldn't use the same address more than once, but Monero developers say that's not a problem.    Every good feature has a downside, and experts have been asking questions about how Monero works for years. Time will tell if Monero can scale or if Bitcoin's future privacy improvements will make Monero obsolete. Mimblewimble (GRIN) Grin is a worthless cryptocurrency that uses the Mimblewimble protocol. This is a new set of algorithms  made in 2016 and released in 2019.    Mimblewimble aims to be lighter and more  scalable than Monero with larger transactions.    Since you don't have to load each block from scratch, the blockchain stays small. It uses a feature called FlyClient that allows new nodes to download checkpoint blocks instead of the entire blockchain.    Finally, transaction totals and information about senders and receivers are hidden from anyone who wants to see them. Mimblewimble has a set of tools to protect privacy, but GRIN has not achieved privacy in the money market.    Even if consumers don't use it, it can still be used to protect privacy. The people who made GRIN are honest about it, saying, "It's very new and experimental. "At your own risk! zCash zCash is a well-known privacy coin. It started in 2016 and has grown in number of users and developers since then.    zCash uses "zero-knowledge proofs" or "zk-snarks" to hide transaction details. Users can share specific keys that allow them to choose what account balance and transaction information is shown or hidden.    If a user wants someone to know about his events, he can tell the person. zCash is listed on many cryptocurrency exchanges around the world. This may be because its security and privacy system is a  bit more flexible.    Like all  other privacy coins, zCash may not be around forever as there are new ways to protect your privacy with bitcoin.    Most important may be the fact that  privacy coin or other  money for personal use can be spent. Bitcoin is by far the most popular digital currency in the world, so it would be nice to include tools that protect privacy. Many developers are  working on privacy-focused applications for Bitcoin, which is good news. Bitcoin wallets for privacy Privacy-focused bitcoin wallets such as Wasabi Wallet, Electrum Wallet and Samourai Wallet allow bitcoin users to use privacy technology.    These wallets are mostly made and updated by some of the world's leading encryption and privacy experts. There is a heated debate among service providers about which method is better for protecting people's financial privacy.    While it's great to have a competitive market and lots of options, users need to  be well educated to make good decisions and not feel overwhelmed.    To give an overview, at the heart of all privacy wallets is the ability to connect via Tor, manage UTXO and  access  CoinJoin or other mixing techniques. You need Tor, UTXO management and CoinJoin to manage your bitcoin privacy. Of course, every bitcoin privacy wallet should make  a rule that it does not store  user data, does not store it, and is open source for independent researchers to look at.    Bitcoin privacy wallets are a great way to improve  privacy on the chain and regain control of your financial data. Join market and CoinJoin If you know anything about bitcoin, you may have heard of CoinJoin. Let's take a look at this  privacy technology. "CoinJoin is a reliable way to combine  Bitcoin payments from multiple users into a single transaction. It makes it difficult for non-Bitcoin people  to figure out which consumer paid which recipient or recipients.    Essentially, users work together to achieve a common goal. . Everyone puts  coins in a bag, shakes it, and then takes out the same amount of bitcoins they put in. The user pays a small fee that goes to people who entered the market with their bitcoins. The sounds great in theory,  but how easy is it to use?     Join Market is a place where people can meet online and plan matchmaking exchanges. But don't think of it like eBay or Amazon; it is more automated and anonymous.    Specifically, JoinMarket is an application of CoinJoin. It was created to make Bitcoin transactions more private and easy to track.    Some bitcoin wallets have the ability to mix bitcoins into join markets that use CoinJoining to hide the input and output of bitcoin transactions.    The Wasabi wallet is an example of a wallet that has an integrated cross-market and is coordinated by a wallet provider. Because of this, the wallet makes it easy and simple for people to make CoinJoin transactions. Private channels on the Lightning Network With over  4,500 BTC locked in Lightning channels, the Lightning Network is Bitcoin's most successful second layer. It is a decentralized payment protocol.     Lightning Network allows users to make free, instant and private transactions. It also increases bitcoin's privacy, bringing it closer to its goal of being an anonymous means of payment.    Lightning channels work when people trade  with each other in anonymous bitcoin transactions. Since only the sender and receiver need copies of their transactions, the interchanges connecting the two partners do not need to know the details. Information is not shared outside  the group.  The Lightning Network consists of several channels that work together. A private channel can only be set up between two people. Everything that happens between these two people stays between them.    Flash transactions are much talked about and studied, and developers are constantly releasing new features and improvements. On-chain  transactions, on the other hand, are probably a step more private than flash transactions, but it depends on how you use each tool.    One problem with Lightning is whether or not the bitcoin address used to start the Lightning channel is dox. That's what we use mining for. Mining and Virgin bitcoin Bitcoin mining is also a way to protect your privacy. Freshly mined Bitcoin  has never been in the hands of a person or an exchange.    In terms of privacy, so-called "virgin bitcoins" are considered the best. So newly mined bitcoins are slightly higher because owning them protects your identity from being associated with the identities of people who owned the same coins before you.    Once the mined coins reach the exchange, they are no longer "guilty" and the privacy issues associated with these UTXO sets must be treated like  any other bitcoin transaction.    Starting a private Lightning channel with newly mined bitcoins is a great way to maintain privacy when using bitcoin, but it requires technical expertise.
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September 28, 2022

How To Denominate In Bitcoin Terms – Bitcoin Magazine

This is a statement from Stephan Livera, host of the "Stephan Livera Podcast" and CEO of Swan Bitcoin International. Many fiat currencies struggle to maintain their purchasing power in US dollars. The macro conversation in finance on Twitter is now focused on how the overall system is broken and how Ponzi cannot be narrowed down. Now is a good time to take advantage of Bitcoin: It is not a fiat currency that can be printed on demand. It's time to make face value in bitcoins. What’s Going On In The World Of Fiat Currency Markets? As you may know, many fiat currencies are collapsing against the USD. This also does not necessarily mean that the USD will "rise", but also a decrease in purchasing power, just more slowly. Year-to-date (YTD) major currencies against USD: GBP is down from $1.34 to $1.057 — a drop of 21% JPY is down from 0.0087 to 0.0069 — a drop of 20% EUR is down from $1.13 to $0.97 — a drop of 15%The Bank of England is now starting a new wave of bond purchases, in other words, the decline continues. The money printer will continue to destroy the savings of sterling holders and depositors over time. They are sacrificed on the altar of "financial stability". Since fiat currencies depreciate so fast, it's not such a bad idea that we value things directly in sat or BTC. While nocoiners hate Bitcoin for not being an all-time high, the reality is that long-term users of Bitcoin have seen dramatic gains in both purchasing power and freedom. The loss of confidence in fiat currencies fundamentally changes thinking. While our pre-coinist friends were afraid of bitcoin because of its volatility, the difference between the volatility of bitcoin and fiat currencies is narrowing, so it makes sense to start using bitcoin values. What Does It Mean To Denominate In Bitcoin Terms? This means evaluating financial costs and benefits in Bitcoin or satoshi terms. This includes a financial valuation of our net worth with the bitcoin/sat ratio. This is really important for the Bitcoin Maximalists in the long run. If you believe that everything will be judged one day, why not start now? I've been personally defining my net worth in bitcoins for a while now, but I'm struggling with the next part: daily spending. For me, it's mostly due to mental calculation. So my next step is to focus more on estimating the bitcoin cost of income and expenditure of everyday products. If we are serious about bitcoin as a better currency, we should show it. Practical Tips On Bitcoin Denomination Start by keeping your finger on the pulse of what the "cents on the dollar" are going for. You can do this using Coinkte's BLOCKCLOCK (aka Moscow time) or maybe a site like Bitbo.io that has it listed. You can also use conversion tools like bitcoin.io or preev.com. Pricedinbitcoin21.com is also a useful site that shows all kinds of prices in bitcoins. Source: pricedinbitcoin21.com Aug 28, 2022 In earlier arithmetic, one tip is to start with cents per dollar. For example, if 1 BTC = $19,067, there are about 5,200 sats per dollar, so $10 is about 52,000 sats, $100 is about 520,000 sats, and $1,000 is about 5.2 million sats. Another obstacle is simply the constant reset of prices when real world products/services are actually quoted in bitcoins. But be that as it may, this is our proverbial cross-bear, and such behavior benefits the user in the long run. Of course, there may come a point where the bitcoin price someone got a few years/cycles ago is no longer appropriate, but it just requires readjustment. And frankly, all fiat traders have to do this anyway. This Isn’t New, We’re Just Bringing It Back In the early days of Bitcoin, it was more common to talk about the BTC values of things. Perhaps it has become more difficult due to the price increase and dealing with the small fractions of bitcoin in your head. Remember though that previous services and games from SealsWithClubs to MPOE and SatoshiDice were bitmononomized! Some of the early exchanges on the Bitcoin Talk forums were denominated in bitcoins. So really, it's just a repeat of what Bitcoiners did. Of course there are some in the Bitcoin space who are already Bitcoin specific even in terms of the service/product they sell. In particular, CoinJoin's services are bitcoin-denominated (for example, see Whirlpool's payment calculator here), and many people in the space operate without fiat bank accounts, so they are clearly better off being bitcoin-denominated. We should also note that the Lightning Network also helps here. Various flash services, tips and wallets are acceptable for seating. On The Question Of Amounts: Bitcoin Or Sats? A long topic in Bitcoiner circles is the unit bias point, which is believed to be behind the pumping of some shitcoins. An incoming nocoiner sees a very low unit price and buys a shitcoin thinking, "Hey, it's low, so there's more upside." So it stands to reason that if we all just talked about sat (and not BTC terms) then Bitcoin could also take advantage of this effect. But it doesn't come for free, it comes with goods. It may be that there are high net worth investors (HNWI) who are getting into bitcoin and because they want to buy the "whole coin" they are buying more than they would otherwise. We could even argue that the buying volume of HNWI is higher, so the influence of HNWI is higher. And now, most people know the oft-quoted statistic that "even if every millionaire on earth wanted all of bitcoin, they couldn't own it." But perhaps this question of impartiality is neither here nor there. As long as our apps and services have an easy choice or switch between BTC terms and sat terms, it probably won't matter much. In practice I think people just casually refer to the lower value and in BTC terms the higher values. You Can’t Fully Escape Doing Fiat Conversions I understand that one criticism here might be that much of our daily spending is still fiat-denominated, and we can't fully avoid that (yet). Nocoiners can also criticize us for still pricing bitcoins in USD, but the process has to start somewhere. Starting somewhere means we should first try to think in bitcoin or sat terms. So if we talk about the price of things, first read the price of bitcoins. Or perhaps more provocatively, just read the price of bitcoin and let someone else do the math. Let's disrupt the network effect of fiat currency, let's not let fiat currencies rule our lives.
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Bitcoin Gold Price

  • Bitcoin Gold Price currency icon 20.4400 USD
  • 24 Hour High / Low currency icon 21.0000 USD /
    currency icon 20.3500 USD
  • 24 Hour Volume currency icon 4,964,801.0000 USD
  • Market Cap currency icon 358,071,910.0000 USD
  • Market Cap Rank #113
  • Market Cap Dominance 0.0125%
  • Bitcoin/Bitcoin Gold Ratio 1 BTC = 945.5479 BTG
  • 7 Day High / Low currency icon 21.2210 USD /
    currency icon 1.2772 USD
  • 30 Day High / Low currency icon 27.1000 USD /
    currency icon 1.2772 USD
  • 90 Day High / Low currency icon 36.4540 USD /
    currency icon 1.2772 USD
  • 52 Week High / Low currency icon 76.1350 USD /
    currency icon 1.2772 USD
  • All Time High currency icon 659.2950 USD
  • All Time Low currency icon 1.2772 USD
  • Bitcoin Gold ROI -15 %
  • Trading Volume currency icon 358,071,910.0000
  • Circulating Supply 17,513,924 BTG
  • Total Supply 17,513,924 BTG
  • Max Supply 21,000,000 BTG

Cryptocurrency Converter Calculator

1 White Bitcoin (WBTC)
=
20.4400 United State Doller (USD)
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Frequently Asked Questions

Bitcoin Gold was formed as a result of hard fork on Bitcoin in October, 2017 the purpose of scaling of the bitcoins. The main purpose of Gold coin was to improve the mining process in bitcoin, this is the process through which new bitcoins come into circulation. Bitcoin mining is a very lucrative exercise and most often requires a lot of resources both monetary and human resources. Often the most successful and profitable mining are amalgamation of many rigs with advanced systems.

One of the essential objectives of bitcoin gold has been to change the calculation by which the bitcoin itself is mined, implying that the mining cycle can't be run quicker on particular hardware than it can on standard PC frameworks. This allows ordinary people with a regular computer to mine Bitcoin Gold, and also mine bitcoin just the way it was used to be during its early years. There are currently 17 million bitcoin gold in circulation and it is said to be supported by the miners who want to go back to the standard mining of bitcoins.

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