Asics tend to monopolize mining to a few big players but gpu mining means anyone can mine again restoring decentralization and independence. Btg is a cryptocurrency with bitcoin fundamentals mined on common gpus instead of specialty asics. What is bitcoin gold.
Bitcoin gold changed bitcoin s proof of work algorithm from sha256 to equihash rendering specialized mining equipment obsolete in an attempt to democratize the bitcoin mining process. Bitcoin gold btg is a fork of bitcoin that occurred on 24 october 2017 on block 419406. Crypto news india bitcoin.
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