Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forks => Bitcoin Forum => Bitcoin Gold => Topic started by: Third on July 30, 2018, 04:27:37 PM
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What is bitcoin gold and its advantages and the disadvantages to other fork of bitcoin?
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Bitcoin Gold or more commonly called BTG is a coin created for a new decentralized block for miners. Because we know, Bitcoin mining is currently difficult to do by miners with small funds.
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Bitcoin Gold uses a different mining algorithm that is resistant to ASIC chips, called Equihash. The coins are mined using GPUs instead of Bitcoin’s current ASIC mining machines.
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At its core, bitcoin gold does not offer any tangible value to its holders apart from the fact that it makes mining more easier and transactions more faster. But these benefits are largely for miners. I invested into this shit coin but I am glad I didn't invest much.
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Bitcoin Gold is the result of Hardfork Bitcoin.
For the benefit, maybe this coin for the long term and the loss is not there because Bitocin Gold is the same as the other altcoins.
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Free coins that are always thrown away when the recipient already has them.
I also have Bitcoin GOLD when there is a Snapshot and sell it immediately, because Bitcoin GOLD is no better than Bitcoin.
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bitcoin gold is a coin that is very good and very potential and has many advantages.