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Bitcoin Gold Stock

Bitcoin Gold

BTG

Price

1.20
Today +/-
+0
Today %
+0 %

Bitcoin Gold Whitepaper

  • Simple

  • Expanded

  • Experte

Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
BithumbBTG/KRW0.126,828.45102,989.4116.32 M0.92cex1884/8/2025, 6:36 AM
PayBitoBTG/USD14.2400151,110.870.01cex07/9/2025, 6:21 AM
IndodaxBTG/IDR0.6229.192,141.1959,826.530.11cex15/8/2025, 9:00 AM
PayBitoBTG/EUR16.380034,286.630cex07/9/2025, 6:21 AM
CoinoneBTG/KRW0.170029,683.150.02cex14/8/2025, 6:33 AM
PayBitoBTG/SGD13.730014,609.440cex07/9/2025, 6:21 AM
BitKanBTG/USDT5.6813.822.2710,078.070cex64/8/2025, 6:36 AM
ProBit GlobalBTG/USDT0.69006,692.830cex17/9/2025, 6:15 AM
ChangeNOWBTG/BTC9.5300986.750.01cex17/9/2025, 6:18 AM
Altcoin TraderBTG/ZAR0.6877.725.55253.110.03cex337/9/2025, 6:21 AM
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Bitcoin Gold FAQ

What is Bitcoin Gold (BTG)?

Bitcoin Gold was established in 2017 to serve as a user-friendly alternative to Bitcoin. The BTG network seeks to integrate the security and resilience of the Bitcoin blockchain with opportunities for experimentation and development. BTG contributes to the cryptocurrency space by offering a blockchain that is highly compatible with Bitcoin, yet does not rely on Bitcoin's hash power or compete for the title of "real Bitcoin." The objective is to provide a coin that retains the functional capabilities of Bitcoin while expanding opportunities for DeFi and DApp developers to leverage the coin.

Who Founded Bitcoin Gold?

Bitcoin Gold was established by a team of enthusiasts possessing a range of backgrounds and skills. One of the co-founders and the lead developer at Bitcoin Gold is Hang Yin. He earned a degree in computer science from Fudan University in 2015 and began his professional career immediately after graduation. Later that same year, Yin joined Google as a software engineer. After three years with the company, Hang Yin chose to embark on an entrepreneurial journey by founding Bitcoin Gold. Additionally, in 2018, he played a role in the inception of HashForests. The second co-founder of Bitcoin Gold is Martin Kuvandzhiev, who also serves as a board member. He graduated with a degree in computer software engineering from the Technical University of Sofia. His career initially started in food service at McDonald’s. In 2015, he took on the role of assistant professor at the Technical University of Sofia, and in 2016, he became the lead iOS developer at phyre JSC. Since co-founding Bitcoin Gold in 2017, Kuvandzhiev has also founded another company, GoStartups.net. Presently, he is the CEO of Assetify.

**What Distinguishes Bitcoin Gold?** Bitcoin Gold stands apart due to its unique approach to decentralization and accessibility in the cryptocurrency landscape. Unlike its predecessor, Bitcoin, which is often dominated by industrial-scale mining operations, Bitcoin Gold aims to democratize mining by employing the Equihash proof-of-work algorithm. This algorithm is designed to allow ordinary users to mine Bitcoin Gold efficiently using standard GPUs, thereby promoting decentralized participation and thwarting the dominance of ASIC-based mining operations. By adopting a more egalitarian mining process, Bitcoin Gold seeks to ensure a more equitable distribution of coins and foster a broader community engagement. Furthermore, Bitcoin Gold maintains a commitment to robust security features and transparency, making it an appealing option for those interested in a decentralized and community-driven cryptocurrency. More detailed insights and analyses are available on Eulerpool.

Bitcoin Gold represents a distinct blend of the foundational characteristics of the original Bitcoin blockchain with a forward-thinking approach to blockchain innovation and utilization. Emerging as a hard fork of the original Bitcoin token, BTG seeks to transform the mining process through the introduction of a novel proof-of-work algorithm that addresses the scalability issues inherent in Bitcoin. As an open-source protocol, Bitcoin Gold enables developers to engage in the governance and advancement of the blockchain without restrictions. The company asserts that this is an essential prerequisite for advancing decentralization, a key area where Bitcoin faces challenges. Bitcoin Gold stands as one of the pioneering hard forks of the original cryptocurrency, garnering interest from institutional and enterprise investors. BTG can be accessed on a wide range of exchanges, in addition to swap services and wallets. Furthermore, Bitcoin Gold has gained traction among several online browsers and service providers. For further details and information on Bitcoin Gold, you can visit Eulerpool.

What is the Current Circulating Supply of Bitcoin Gold (BTG) Coins?

Bitcoin Gold has a maximum supply of 21,000,000 BTG tokens and a total supply of 17,513,924 BTG tokens, with the current circulating supply matching the total supply. Of the total BTG tokens, 30% were allocated for the development of the blockchain and the project. An additional 15% were reserved for ecosystem support and development, while another 15% were distributed among the BTG community. Approximately 20% of the total BTG token supply was allocated for annual expenses. Around 7% of BTG tokens were designated for bounties and app collaboration, with another 5% allocated as rewards for the founding team. The remaining 8% of tokens covered pre-fork costs and community development.

How is the Bitcoin Gold Network Secured?

As a hard fork of Bitcoin, Bitcoin Gold utilizes the proof-of-work (PoW) consensus mechanism. One of Bitcoin Gold's primary objectives was to transform the mining process by implementing the Equihash PoW algorithm, which is more conducive to mining with GPUs as opposed to the Bitcoin blockchain's preference for ASIC miners. While Bitcoin predominantly depends on application-specific integrated circuit (ASIC) miners, Bitcoin Gold's version of Equihash requires more memory than ASICs can provide but operates efficiently on a wide range of graphics cards. In contrast to the Ethereum blockchain, which employs the proof-of-stake (PoS) mechanism and benefits stakeholders, Bitcoin Gold emphasizes the processing power possessed by miners.

Where can you purchase Bitcoin Gold (BTG)?

Bitcoin Gold (BTG), as one of the initial hard forks of Bitcoin, is accessible on a range of exchanges. While Binance is one option, other reputable choices include: * Bithumb * Huobi Global * Bitfinex For additional information on purchasing cryptocurrencies, please visit Eulerpool.

Investors interested in Bitcoin Gold are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.