Bitcoin Gold decentralizes mining by adopting a PoW algorithm, Equihash, which cannot be run faster on the specialty equipment used for Bitcoin mining (ASIC miners.) This gives ordinary users a fair opportunity to mine with ubiquitous GPUs. Hard forking Bitcoin’s blockchain fairly and efficiently distributes a new digital asset immediately to people all over the world who have interest in cryptocoins. Other methods, such as creating coins with a new genesis block, concentrate ownership within a small group.
|Price Australian Dollar (AUD)||Price (BTC)||Capitalization (AUD)||24 Hour Trading Volume (AUD)||Available Supply||Max Supply||Hashing Algorithm|
|93.9059 (-4,94632019% )||0.0014108661 BTC||1,644,660,769||61,798,004||17,513,924 BTG||21000000 BTG||Equihash|