1 Level
22 Review
48 Karma
Review on Bitcoin Gold by manhatan davistrue
Through BTG, you won’t need expensive, enterprise-quality mining equipment to…
Through BTG, you won’t need expensive, enterprise-quality mining equipment to profitably mine a BTC-like chain. GPU mining should, in theory, have a decentralizing effect. I think if, on the other hand, you were holding your BTC in a personal wallet, check your wallet provider’s website for further guidance on how they’ve handled the split. They’ll certainly point you in the right direction.
Pros
- It’s free money, however low its price falls, in that BTG’s the result of a fork from the main BTC chain. If you held BTC at the time of the split, you now have an equal amount of BTG. BTG is the hardfork cryptocurrency form BTC blockchain. Its more decentralized and democratic mining system than BTC. BTG also mineable coin run on PoW algorithm running Equihash.
Cons
- This comes after the BTG team flip-flopped several times, first saying they were, and then they weren’t, going to be pre-mining BTG. The BTG team are refusing to release the project’s code for now, too, leading Coinbase to refuse to support BTG out of security concerns.
