Bitcoin Gold Price

Bitcoin Gold is an open-source cryptocurrency that endeavors to democratize the mining process associated with Bitcoin. The project employs a novel proof-of-work algorithm known as Equihash-BTG, designed to facilitate mining through the use of standard graphics processing units (GPUs), as opposed to specialized hardware known as Application-Specific Integrated Circuits (ASICs). This innovation allows a broader spectrum of individuals to participate in the mining ecosystem, thus promoting decentralization.

The overarching goal of Bitcoin Gold is to ensure that the mining process is not monopolized by a handful of large entities equipped with sophisticated technology. Instead, it seeks to rebalance the mining landscape, allowing everyday users to contribute to the network's security and integrity. This fundamental principle underpins the project, ensuring that Bitcoin Gold remains true to the decentralized ethos of blockchain technology.