1 Level
16 Review
25 Karma
Review on Bitcoin Gold by thanh hao
In a more technical sense, what’s occurred is that BTG’s developers have…
In a more technical sense, what’s occurred is that BTG’s developers have modified Bitcoin’s consensus algorithm in a way that will allow miners to begin using GPUs for mining. 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
- Bitcoin Gold (BTG)—the newly forked chain that just split off from the incumbent Bitcoin (BTC)—arrived in the crypto community on October 24th, 2017. We previously covered the announcement of the Bitcoin Gold fork earlier this month.
Cons
- Bitcoin doesn’t allow for GPU mining, which is computationally easier, and as such, Bitcoin mining has become centralized in the hands of a few industrial-grade mining operations—many of them located in China.
