Bitcoin gold btg mining profitability

Bitcoin Gold (BTG) Mining Profitability Calculator South Africa

5 stars based on 58 reviews

Bitcoin Gold is a distributed digital currency. It is a hard fork of Bitcointhe open source cryptocurrency. The stated purpose of the hard fork is to restore the mining functionality with common Graphics Processing Units GPUin place of mining with specialized ASIC customized chipsetsused to mine Bitcoin. A central part of the bitcoin process, mining, is being controlled by a few manufacturers who sell their products to a select group of industrialized miners, centralizing the mining task and breaking with one of the core values of bitcoin - decentralization [2].

ASIC resistant GPU powered mining provides bitcoin gold btg mining profitability solution, as this kind of hardware is ubiquitous, and anyone can start mining with a standard, off-the-shelf laptop computer.

The hard fork occurred on October 24th,at block height The team did this via a rapid mining of approximately 8, blocks bitcoin gold btg mining profitability However, of the K coins, some five percent were set aside as a bonus for the team, or about coins for each of the six members.

Bitcoin gold uses the memory hard equihash as proof-of-work algorithm instead of the sha But for the rest, the project follows the guidelines of the Bitcoin core project. From Wikipedia, the free encyclopedia. This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources.

Unsourced material may be bitcoin gold btg mining profitability and removed. December Learn how and when to remove this template message. Bitcoin gold btg mining profitability article may be too technical for most readers to understand.

Please help improve it to make it understandable to non-expertswithout removing the technical details. January Learn how and when to remove this template message. Dogecoin Gulden Litecoin PotCoin. Dash Decred Primecoin Auroracoin. Proof-of-authority Proof-of-space Proof-of-stake Proof-of-work system.

Anonymous Internet banking Bitcoin network Complementary currency Crypto-anarchism Cryptocurrency exchange Digital currency Double-spending Electronic money Initial coin offering Airdrop Virtual currency. Retrieved from " https: Cryptography Bitcoin Bitcoin clients Currency. Articles needing additional references from December All articles needing additional references Articles containing potentially dated statements from April All articles containing potentially dated statements Wikipedia articles that are too technical from January All articles that are too technical Articles needing expert attention from January All articles needing expert attention.

Views Read Edit View history. This page was last edited on 30 Aprilat By using this site, you agree to the Terms of Use and Privacy Policy.

WindowsOS XLinux.