All About BTC, LTC, ETH mining spil well spil other alternative crypto currencies
There is evidently another upcoming Bitcoin fork that is named Bitcoin Gold (BTG). This community-activated hard fork of BTC will result te the fresh asset becoming available for the owners of Bitcoin that hold their Bitcoins on October 25th where the snapshot of the Bitcoin will be taken spil a base. So you will get the same amount of Bitcoin Gold (BTG) spil you have had ter BTC on the day of the Bitcoin blockchain snapshot being taken. The more interesting opzicht of this fresh fork however is that it is not another Bitcoin Metselspecie type of fork that essentially uses the same kleuter of PoW spil Bitcoin and can be mined with ASICs only, instead the BTG fork will use Equihash spil a mining algorithm thus making it a GPU mineable coin. Do note that the team has already warned that Bitcoin Gold (BTG) aka Bgold, the upcoming community-activated hard fork of Bitcoin, is not associated with (XBG) BTCGOLD spil evidently some people might mistake the two. It is certainly something interesting to keep an eye on, however for the uur there are not that much details available.
- Ter: Crypto Coins
- Tags: Bgold, Bitcoin fork, Bitcoin Gold, Bitcoin Gold Equihash, Bitcoin Gold GPU mining, Bitcoin Gold mining, BTC fork, BTG, Equihash
Four Responses to Another Upcoming Bitcoin Hard Fork – Bitcoin Gold (BTG)
I wonder how this is going to turn out. Hopefully it doesn’t turn into a big joke/waste of time. Right now with Bitcoin, I’m just HODLing.
Ethereum is pretty promising and with fresh companies like Unikrn building UnikoinGold on the ethereum blockchain, there’s more promise and stability. Their ICO is ending soon and their concept is solid. Very wise way to introduce utility tokens and their use.
How is this snapshot done? Even addresses on the exchanges will get BTG?
Addresses on exchanges will not automatically get BTG, exchanges will need to add support for Bitcoin Gold te order for this to toebijten. Support on exchanges greatly depends on user rente, so far it is nowhere near spil big spil it wasgoed with Bitcoin Metselspecie, but if things pick up by the end of the month the big exchanges will most likely add it sooner or zometeen. It is of course best to have the coins stored on a local wallet where you have utter control. Unluckily there are still not that much details available surrounding the upcoming fork of Bitcoin Gold…
The Bitcoin Gold guys messed up big time today. When taking overheen @bitcoingold, they lost control overheen their original Twitter treat, @btcgpu. The stolen btcgpu Twitter treat now leads people to a webstek where they are asked to download a wallet and inject their private keys to get their Bitcoin Gold. Unnecessary to say, it is 99.99% certain their Bitcoins will be stolen.
DON’T be stupid and keep your Bitcoin private keys private!