#OneBigBeautifulBill Bitcoin Gold (BTG) is a fork of Bitcoin that was created to make mining more decentralized and accessible to ordinary users. Here's a quick overview:
🔍 What is Bitcoin Gold (BTG)?
Launch Date: October 24, 2017
Type: Hard fork of Bitcoin
Ticker Symbol: BTG
Goal: Make mining accessible to more people by shifting away from specialized mining hardware (ASICs).
🔧 Key Differences from Bitcoin:
FeatureBitcoin (BTC)Bitcoin Gold (BTG)Mining AlgorithmSHA-256EquihashASIC Resistant?❌ No✅ YesBlock Time~10 minutes~10 minutesMax Supply21 million21 million
Equihash Algorithm: Makes BTG more friendly to GPU miners (graphics card users), preventing control by big mining farms.
Security Focus: Has faced issues with 51% attacks in the past, prompting the team to improve protections.
💼 Use Cases:
Peer-to-peer payments (like Bitcoin)
Mining for individuals with GPUs
Used as a hedge or diversification asset in crypto portfolios
📉 Price History Highlights:
All-Time High: ~$500