Bitcoin Gold implements a new PoW algorithm, Equihash, that makes mining decentralized again. Special computer hardware designed for BTC mining (ASICs) is obsolete for mining BTG, giving ordinary users a chance to mine with ubiquitous GPUs.
A hard fork of Bitcoin is the most fair and efficient method of creating and distributing a new digital asset. Coins that are created from a new genesis block always have ownership concentrated among a smaller group of people.
In order to ensure the safety of the Bitcoin ecosystem, Bitcoin Gold will implement full replay protection, an essential feature that protects users coins from being spent accidentally.
Bitcoin Gold is a free open source software project that is built by volunteer developers and supported by a rapidly growing community of Bitcoin enthusiasts that stretches across the globe.
Block size (actual)
Unique address format
10 S - 2 H
2 Weeks + EDA
What is Bitcoin Gold?
Bitcoin Gold is a fork of the Bitcoin blockchain. At block 491407, Bitcoin Gold miners will begin creating blocks with a new proof-of-work algorithm, and this will cause a bifurcation of the Bitcoin blockchain. The original Bitcoin blockchain will continue on unaltered, but a new branch of the blockchain will split off from the original chain. The new branch is a distinct blockchain with the same transaction history as Bitcoin up until the fork, but then diverges from it. As a result of this process, a new cryptocurrency born.
What is the purpose of Bitcoin Gold?
The purpose of Bitcoin Gold is to make Bitcoin mining decentralized again. Satoshi Nakamoto’s idealistic vision of “one CPU one vote” has been superseded by a reality where the manufacture and distribution of mining equipment has become dominated by a very small number of entities, some of which have engaged in abusive practices against individual miners and the Bitcoin network as a whole. By changing Bitcoin’s proof-of-work algorithm from SHA256 to Equihash, all of the specialized SHA256 mining equipment will be obsolete for mining the Bitcoin Gold blockchain. Thus, Bitcoin Gold will provide an opportunity for countless new people around the world to participate in the mining process with widely-available consumer hardware that is manufactured and distributed by reputable mainstream corporations. A more decentralized, democratic mining infrastructure is more resilient and more in line with Satoshi’s original vision.
What wallet should I keep my BTC in to make sure I will receive BTG?
Some wallets may offer you direct access to your BTG, while others may require you to take additional technical steps. Verified wallets that support BTC and BTG side-by-side will be listed on the Bitcoin Gold home page. We will publish guides for retrieving BTG from the most popular wallets, including Bitcoin Core, Electrum, Mycelium, hardware wallets, paper wallets, and more.
For more information go to the