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Bitcoin Gold’s Latest Price
What is Bitcoin Gold?
Bitcoin Gold is a fork in the Bitcoin blockchain pathway. The goal of Bitcoin Gold is to help “make Bitcoin decentralized again.” The 2017 fork that created Bitcoin Gold was purposefully achieved to help restore GPU mining (graphics card mining functionality) within Bitcoin blockchain mining. It was about making Bitcoin more, not less, accessible.
Why the big fuss?
There are similarities and differences between Bitcoin Gold and Bitcoin. Here are some of the biggest advantages of Bitcoin Gold:
- Bitcoin Gold will pilot new Bitcoin endeavours and upgrades – meaning you’ll get faster transfer, processing and fee reductions based on newer technologies.
- The GPU rollback means anyone can mine Bitcoin Gold in the traditional sense.
- The Bitcoin Gold coin has purpose in that it is less centralized than Bitcoin in terms of ownership meaning more people can ‘buy-in’.
What can I buy with Bitcoin Gold?
The Bitcoin Gold project is on-going. It isn’t technically designed as a means of payment. The token value is predicated on its closeness to Bitcoin. However, there is a growing army of followers with some online platforms starting to accept Bitcoin Gold, like Bitcoin Cash, due to its links with Bitcoin. This means the future looks rosy for Bitcoin Gold as a possible avenue for payment in an ever-changing digital landscape.
Where can I buy, sell or trade Bitcoin Gold?
We recommend you buy, sell or trade bitcoin at a trusted broker. Our favourite is at the top of this page. You can read our reviews of the top brokers here.