Bitcoin Gold company info

What does Bitcoin Gold do?
Bitcoin Gold (CRYPTO:BTG) emerged in October 2017 as a direct fork of Bitcoin, with a primary goal of achieving greater resistance to ASIC (Application-Specific Integrated Circuit) mining hardware. This design choice enhances its accessibility to miners relying on GPUs (Graphics Processing Units), leveling the playing field and democratizing the mining process. The BTG network operates through a decentralized network of miners who handle transaction processing and network security. As compensation for their efforts, these miners receive BTG tokens, providing an incentive for network maintenance. While Bitcoin Gold remains a work in progress, several noteworthy projects are in development, with the creation of a smart contract platform for BTG being a standout endeavor. This platform aims to enable the construction of decentralized applications (dApps) on the Bitcoin Gold blockchain, expanding its functionality and use cases. The overarching objectives of Bitcoin Gold include making Bitcoin mining more accessible for GPU miners, promoting network decentralization, and fostering the growth of dApps on the Bitcoin Gold blockchain. Despite being relatively new, Bitcoin Gold's unique focus on ASIC-resistance and decentralization positions it as an intriguing contender within the broader Bitcoin ecosystem. It holds promise for both miners and users, embodying the principles of inclusivity and innovation.
Bitcoin Gold company media
Company Snapshot

How many people does Bitcoin Gold employ?

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Employees
11-50

What is the market cap for Bitcoin Gold?

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Market Cap
$639.73M

Where is the head office for Bitcoin Gold?

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Head Office
New York

What year was Bitcoin Gold founded?

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Year Founded
2017
What does Bitcoin Gold specialise in?
/Medium of Exchange /Mineable /Payments

What are the products and/or services of Bitcoin Gold?

Overview of Bitcoin Gold offerings
Bitcoin Gold is a versatile platform that offers a variety of services to users and miners. It is a leading player in the Bitcoin ecosystem and is making significant contributions to the development of the ASIC-resistance and decentralization of the Bitcoin network.
Exchange: Bitcoin Gold can be exchanged for other cryptocurrencies and fiat currencies on a variety of exchanges.
Mining: Bitcoin Gold can be mined using GPUs, making it more accessible to miners of all sizes.
Payments: Bitcoin Gold can be used to send and receive payments to and from anyone in the world.
Smart contracts: Bitcoin Gold is developing a smart contract platform that will allow developers to build dApps on the Bitcoin Gold blockchain.
Staking: Bitcoin Gold holders can stake their coins to earn rewards and help secure the network.
Storage: Bitcoin Gold can be stored in a variety of wallets, including hardware wallets, software wallets, and online wallets.