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» » » Bitcoin Gold (BTG): 5 Questions to Ask Before Investing Bitcoin Gold (BTG): 5 Questions to Ask Before Investing Gaurav S. Iyer, IFC Profit Confidential 2017-11-03T10:45:23Z 2017-11-03 10:45:23 how to get bitcoin gold what is bitcoin gold how btg is different from bch what exchange will support bitcoin gold how bitcoin prices will react to btg fork how to mine bitcoin gold bitcoin gold mining btg price prediction bitcoin gold forecast btg fork The Bitcoin Gold fork seems great at first, but things get murkier once you dig beneath the surface. It seems unreliable, even among cryptocurrencies.

Bitcoin Gold [caption id='attachment_112782' align='alignleft' width='300'] iStock.com/bodnarchuk[/caption]As the latest currency to fork off the Bitcoin (BTC) blockchain, Bitcoin Gold (BTG) is bound to attract some attention. But it seems like there is nothing else people want to talk about.Investors kept asking me about it last week. And, at the same time, Google searches for “How to get Bitcoin Gold” surged 900%. Can Bitcoin Gold possibly live up to the hype?At first glance, my answer was “Yes.”There are, after all, strong correlations between Bitcoin prices and Internet searches.

If you look at data, the relationship is quite clear. When investors start reading about a currency, they are extremely close to buying it.It’s not hard to imagine, really. Someone hears from a friend that Bitcoin Gold is going to split from the Bitcoin blockchain.and that it could skyrocket in value.so they do a quick Google search.Dozens of articles pop up, including this one. After a quick read, the FOMO (fear of missing out) kicks them in the chest.

Bitcoin Gold (BTG) www.btcgpu.org. More efficient versions of the old. Investors to get involved with mining. Bitcoin Gold mining will be.

What if this Bitcoin Gold skyrockets like Bitcoin? I missed out on that opportunity to get rich. I can’t let that happen again.fool me onceAnd boom. Just like that, Bitcoin Gold secures a little more demand.Knowing this, I was tempted to turn bullish on Bitcoin Gold. Its ability to gin up investor enthusiasm was impressive. But then I dug a little deeper.and it turns out the rollout of Bitcoin Gold was mismanaged.

Well and truly bungled, to put it mildly. One Twitter user summed up the situation in a trio of perfect tweets. The awkward release of BTG makes it a much more dangerous investment than Bitcoin Cash. That said, if those glitches are sorted out in the coming weeks, we could see it soar dramatically.If you’re still on the fence about this cryptocurrency, here are five questions that should be answered before investing. What Is Bitcoin Gold?

Bitcoin Gold, or BTG, is an altcoin that was created while trying to upgrade the original Bitcoin. It aims to “make Bitcoin decentralized again,” which is an obvious play on the successful slogan coined by President Donald Trump.However, the upgrade did not receive widespread support.Since Bitcoin upgrades require near universal consent, disagreements among core developer group led the currency to “fork” along two paths. One stays the same, the other spins off. This time, the failed upgrade became known as Bitcoin Gold.The Bitcoin Gold mining process began on October 24, 2017.

The currency is being created in secret before being released to the public. Plus, roughly one percent of the total supply of tokens mined before the release will go straight into the pockets of the BTG development team.That part of its release had received a lot of criticism.If you’re wondering why the splitting of Bitcoin’s blockchain isn’t wreaking havoc on markets, it’s because Bitcoin has suffered a “fork” before.A previous attempt to upgrade the currency led to the creation of Bitcoin Cash, or BCH, on August 1, 2017. However, these two currencies are not identical. In fact, their visions of Bitcoin were almost diametrically opposed.It should be noted that neither the BCH fork nor the BTG fork has dethroned the original Bitcoin. BTC prices have continued to skyrocket, passing $5,000 in the months after BCH was born, and $6,000 after BTG. How Is BTG Different from BCH? Both Bitcoin Cash and Bitcoin Gold believe that Bitcoin was flawed in some crucial way, but they disagree on the problem.

Bitcoin Gold specifically believes that Bitcoin miners have become too powerful in determining the future of the currency. They also believe that Bitcoin mining has become too centralized, and so their upgrade tried to level the playing field.The BCH split, meanwhile, revolved around issues of scaling. The core developers of Bitcoin were split over how best to expand the blockchain's capacity and efficiency.

That friction led to the creation of Bitcoin Cash and another fork, which is scheduled to take place before the end of the year. What Exchange Will Support Bitcoin Gold? There are roughly 20 exchanges carrying Bitcoin Gold. They are: • HitBTC* • Binance* • YoBit* • Bleutrade* • BitStar* • Coinnest* • Bitfinex* • Gate.io* • BitBay • bitFlyer • Beatcoin • Change Now • Paribu • Abucoins *All the exchanges with an asterisk are trading in futures as well. How Will Bitcoin Prices React to BTG Fork? So far, by the BTG fork. But once again, part of that is the fault of BTG developers.

They failed to make an impact with the rollout of the currency, a fact that becomes glaringly obvious by the market’s reaction. It was a giant shrug.That said, we could start to see investors hedge their bets ahead of the SegWit2x fork. We saw a similar scenario in the past month, whereby Bitcoin Cash benefitted from the BTG fork. Some money flowed into BCH, likely as a hedge, inflating its price significantly.Having such a rotation from BTC to BTG is possible, I suppose, but in terms of the Bitcoin Gold forecast, it’s unlikely to exceed 10% of Bitcoin’s current value.

If we had to stake a, we believe five percent of Bitcoin's value is appropriate.At the moment, it is trading at around $135.23, or roughly 2.17% of BTC. How to Mine Bitcoin Gold? Below is a list of Bitcoin Gold mining pools: • MinerTopia • Miningspeed • Pool.gold • Minergate • Server Power • Mining.SG • Nibiru Pool • BTG Mine • 4miner Considering that decentralizing mining power is a core feature of Bitcoin Gold, the technology required to mine BTG is less sophisticated. You won’t need to shell out thousands of dollars for an ASIC mining machine—a simple GPU will suffice. Analyst Take: Investors that consider Bitcoin a volatile investment should probably sit this one out. Bitcoin Gold is on shaky ground and has been ever since it was conceived. It is unlikely to supplant the original blockchain.Nevertheless, the question remains: How do you upgrade an open source, consensus-driven software whose founder remains in the shadows?That is the question plaguing Bitcoin.As long as it goes unanswered, we’re going to have fork upon fork upon fork.

Just look at Ethereum by comparison. After its first—and, to be fair, disastrous—fork, it has managed to pull off several upgrades quite smoothly.Part of the reason the upgrades went smoothly is that we could turn to its founder and ask if the upgrades fit with his original vision. His name is Vitalik Buterin and he’s very active in the blockchain community. Meanwhile, no one knows who invented Bitcoin!All we have to go on is a pseudonym, Satoshi Nakamoto, and a trail of breadcrumbs.

IStock.com/bodnarchuk As the latest currency to fork off the (BTC) blockchain, Bitcoin Gold (BTG) is bound to attract some attention. But it seems like there is nothing else people want to talk about Investors kept asking me about it last week. And, at the same time, Google searches for “How to get Bitcoin Gold” surged 900%.

Can Bitcoin Gold possibly live up to the hype? At first glance, my answer was “Yes.” There are, after all, strong correlations between Bitcoin prices and Internet searches. If you look at data, the relationship is quite clear. When investors start reading about a currency, they are extremely close to buying it. It’s not hard to imagine, really. Someone hears from a friend that Bitcoin Gold is going to split from the Bitcoin blockchainand that it could skyrocket in valueso they do a quick Google search. Dozens of articles pop up, including this one.

After a quick read, the FOMO (fear of missing out) kicks them in the chest. What if this Bitcoin Gold skyrockets like Bitcoin? I missed out on that opportunity to get rich. How To Mine For Emercoin EMC For Free on this page. I can’t let that happen againfool me once And boom.

Just like that, Bitcoin Gold secures a little more demand. Knowing this, I was tempted to turn bullish on Bitcoin Gold. Its ability to gin up investor enthusiasm was impressive.

But then I dug a little deeper and it turns out the rollout of Bitcoin Gold was mismanaged. Well and truly bungled, to put it mildly. One Twitter user summed up the situation in a trio of perfect tweets. The awkward release of BTG makes it a much more dangerous investment than Bitcoin Cash. That said, if those glitches are sorted out in the coming weeks, we could see it soar dramatically. If you’re still on the fence about this cryptocurrency, here are five questions that should be answered before investing. What Is Bitcoin Gold?

Bitcoin Gold, or BTG, is an altcoin that was created while trying to upgrade the original Bitcoin. It aims to “make Bitcoin decentralized again,” which is an obvious play on the successful slogan coined by President Donald Trump. However, the upgrade did not receive widespread support. Since Bitcoin upgrades require near universal consent, disagreements among core developer group led the currency to “fork” along two paths.

One stays the same, the other spins off. This time, the failed upgrade became known as Bitcoin Gold. The Bitcoin Gold mining process began on October 24, 2017.

The currency is being created in secret before being released to the public. Plus, roughly one percent of the total supply of tokens mined before the release will go straight into the pockets of the BTG development team. That part of its release had received a lot of criticism. If you’re wondering why the splitting of Bitcoin’s blockchain isn’t wreaking havoc on markets, it’s because Bitcoin has suffered a “fork” before.

A previous attempt to upgrade the currency led to the creation of Bitcoin Cash, or BCH, on August 1, 2017. However, these two currencies are not identical. In fact, their visions of Bitcoin were almost diametrically opposed.

It should be noted that neither the BCH fork nor the BTG fork has dethroned the original Bitcoin. BTC prices have continued to skyrocket, passing $5,000 in the months after BCH was born, and $6,000 after BTG. How Is BTG Different from BCH? Both Bitcoin Cash and Bitcoin Gold believe that Bitcoin was flawed in some crucial way, but they disagree on the problem. Bitcoin Gold specifically believes that Bitcoin miners have become too powerful in determining the future of the currency. They also believe that Bitcoin mining has become too centralized, and so their upgrade tried to level the playing field. The BCH split, meanwhile, revolved around issues of scaling.

The core developers of Bitcoin were split over how best to expand the blockchain’s capacity and efficiency. That friction led to the creation of Bitcoin Cash and another fork, which is scheduled to take place before the end of the year. What Exchange Will Support Bitcoin Gold? There are roughly 20 exchanges carrying Bitcoin Gold. They are: • HitBTC* • Binance* • YoBit* • Bleutrade* • BitStar* • Coinnest* • Bitfinex* • Gate.io* • BitBay • bitFlyer • Beatcoin • Change Now • Paribu • Abucoins *All the exchanges with an asterisk are trading in futures as well. How Will Bitcoin Prices React to BTG Fork? So far, by the BTG fork.

But once again, part of that is the fault of BTG developers. They failed to make an impact with the rollout of the currency, a fact that becomes glaringly obvious by the market’s reaction. It was a giant shrug. That said, we could start to see investors hedge their bets ahead of the SegWit2x fork.

We saw a similar scenario in the past month, whereby Bitcoin Cash benefitted from the BTG fork. Some money flowed into BCH, likely as a hedge, inflating its price significantly. Having such a rotation from BTC to BTG is possible, I suppose, but in terms of the Bitcoin Gold forecast, it’s unlikely to exceed 10% of Bitcoin’s current value. If we had to stake a, we believe five percent of Bitcoin’s value is appropriate. At the moment, it is trading at around $135.23, or roughly 2.17% of BTC.

How to Mine Bitcoin Gold? Below is a list of Bitcoin Gold mining pools: • MinerTopia • Miningspeed • Pool.gold • Minergate • Server Power • Mining.SG • Nibiru Pool • BTG Mine • 4miner Considering that decentralizing mining power is a core feature of Bitcoin Gold, the technology required to mine BTG is less sophisticated. You won’t need to shell out thousands of dollars for an ASIC mining machine—a simple GPU will suffice.

Analyst Take: Investors that consider Bitcoin a volatile investment should probably sit this one out. Bitcoin Gold is on shaky ground and has been ever since it was conceived. It is unlikely to supplant the original blockchain. Nevertheless, the question remains: How do you upgrade an open source, consensus-driven software whose founder remains in the shadows?

That is the question plaguing Bitcoin. As long as it goes unanswered, we’re going to have fork upon fork upon fork. Just look at by comparison. After its first—and, to be fair, disastrous—fork, it has managed to pull off several upgrades quite smoothly. Part of the reason the upgrades went smoothly is that we could turn to its founder and ask if the upgrades fit with his original vision. His name is Vitalik Buterin and he’s very active in the blockchain community. Meanwhile, no one knows who invented Bitcoin!

All we have to go on is a pseudonym, Satoshi Nakamoto, and a trail of breadcrumbs. Dear Reader: There is no magic formula to getting rich. Success in investment vehicles with the best prospects for price appreciation can only be achieved through proper and rigorous research and analysis. We are 100% independent in that we are not affiliated with any bank or brokerage house.

Information contained herein, while believed to be correct, is not guaranteed as accurate. Warning: Investing often involves high risks and you can lose a lot of money. Please do not invest with money you cannot afford to lose. The opinions in this content are just that, opinions of the authors. We are a publishing company and the opinions, comments, stories, reports, advertisements and articles we publish are for informational and educational purposes only; nothing herein should be considered personalized investment advice.

Before you make any investment, check with your investment professional (advisor). We urge our readers to review the financial statements and prospectus of any company they are interested in. We are not responsible for any damages or losses arising from the use of any information herein. Past performance is not a guarantee of future results. All registered trademarks are the property of their respective owners.

Looking to mine the newest cryptocurrencies out there? How about mining Bitcoin Gold! While Bitcoin mining got to a whole new level, Bitcoin Gold is designed especially for GPU mining. This means, you only need a desktop computer and a Graphics card to start earning money today. Already a Zcash miner or new to mining, this is a complete guide for you to get started from buying the necessary hardware to setting up the software and calculating your profits. Important notes: Only testnet is currently available for Bitcoin Gold. That means you can only mine using testnet.

Be aware of the addresses that you use, the address prefix for mainnet is “G,” “m,” or “n” for testnet. All of the examples below are for mainnet, so you just need to change the address structure to mine for testnet. The indicative mainnet launch date is the 12th of November. This can be changed. Just stay up to date with the official BTG blog for comments. Contents • • • • • • • • • • • • • • • • • • • • • • Introduction In our previous article: we talked about Bitcoin Gold and how the team came up with the idea. Now, the work is done, and the mainnet will soon be available.

Miners, to ‘prove’ that the BTG transaction was legitimate, used computers with multiple high-end graphics cards to run the Equihash mining algorithm in order to search for a number. If the number was correct, the block is verified and the miners start working on the next block.

Equihash is a popular algorithm that is currently used by the popular privacy coin ZCash. ZCash or Bitcoin Gold For Miners, mining either coin will be the same since they both use the same algorithm, meaning that they will also use the same software. However one notable difference between each coin will be profitability. This will be the deciding factor for most miners, as most miners will want to make the most money out of mining to pay their hardware and power expenses. Though some miners may want to support the coin they think has the brightest future regardless of price. Depending on whether you want larger profits or if you want to support your favorite coin, these may be a deciding factor for which coin you end up mining.

If you want to check which coin is the most profitable at any given time, you can use the calculator (More about mining profit: ), simply select which graphics cards you are using, and the calculator will figure out which coin is the most profitable. Pool Mining and Solo Mining When mining, you can decide whether to mine by yourself (solo) or with other (pool mining). The difference here is that with solo mining you have to do all the work by yourself, unlike pool mining where you work alongside others to mine the block. This means that solo miners require multiple, powerful computers with many high-end video cards.

However, pool mining is far simpler because you will be “pooled” together with other miners, and the combined hashrate of the pool will go towards solving the block. Because the pool is using the combined hashrate of all the miners, instead of being paid the entire block reward like you would when solo mining, each miner will be paid accordingly towards their own contribution. For example if you are contributing towards 10% of the pool’s total hashrate when a block is mined, you will be paid 10% of the total block reward. What You Will Need To start mining you will need: • A computer which you will use to mine • A wallet for your coins to be sent and stored • Mining software so that your computer can connect to the network and start solving blocks. • An account on an exchange in order to trade your mined coins for different ones or into fiat. I will elaborate on the required hardware, software, and recommended wallets in later sections, but for now I will list some exchanges which support the upcoming Bitcoin Gold.

• • • • • You can view the other exchanges on. Hardware Auxiliary For Bitcoin Gold the mining will primarily be done on graphics cards, but you will still need auxiliary components such as the: • Processor – a fast processor is not required and a standard Intel Celeron is a popular choice among miners. • Motherboard – there are many “mining” motherboards that have multiple PCI slots for your graphics cards, however any standard motherboard with a few PCI slots will be fine. • RAM – a 4GB stick of memory will suffice for mining. • Storage – in order to store your operating system and mining software you should either have a small SSD for faster boot times or a cheaper, albeit slower HDD will be fine. It is fine to run your operating system off of an external hard drive, but this will lead to slow boot times.

• Power supply – to power the components you will need a power supply, and depending on how many graphics cards you are using you may have to use one with a maximum power of at least 800W or even multiple power supplies. • Case – because the standard ATX cases cannot support more than 3 or 4 graphics cards, many miners decide to build their own cases, some even out of shoe racks. There are also websites to buy mining cases, however you will pay quite a large premium. Here is a link to one of those websites:.

If you decide to get a custom case you will need to get PCI-E riser cables. These are nifty little extension cables that allow you to take your video cards off the motherboard and on to a more elevated position. This lets you put multiple graphics cards on the same motherboard. Another thing you will need is a power button, as you will not be able to power the system.

Here is an example list of suggested parts when building a Bitcoin Gold mining PC:. You can also implement used parts, as these will be cheaper and you will be able to pay off your build sooner, although used parts may not come with a warranty, so if a part breaks due to a malfunction you will have to replace it out of your own pocket.

Top 5 Graphics Cards For Bitcoin Gold If you want the highest profits to come out of Bitcoin Gold mining, you will need to choose the best graphics cards. • #5 GTX 1050 Ti The 1050 Ti is a popular graphics card due to it’s low power constraints and affordable price. For the price of $160 and a power draw of 50 watts, it is an extremely efficient mining card clocking 160 Hashes per second (H/s). Some 1050 Ti’s do not require an external power connector, so if you want to mine Bitcoin Gold but don’t want to build a dedicated mining rig, you can easily put the graphics card into any desktop PC that has a PCI-E 16x slot.

• #4 GTX 970 The GTX 970 was a very popular graphics card when it was first released, and because it was from the previous generation of graphics cards it is extremely easy to find these used. With a hashrate of 280 H/s, the 970 is an excellent mining card, especially if you can find it at a cheap price. • #3 GTX 1060 The GTX 1060 has very similar performance to the 970, but has a few added benefits. The 1060 mines Bitcoin Gold at 310 H/s, and while only marginally better than the 970, the 1060 has a much lower power draw. Additionally, because it is a newer card you will be eligible for a warranty, just in case of a component malfunction. However, this card does fetch a higher price. • #2 GTX 1070 The GTX 1070 is a great graphics card for Bitcoin Gold, with a hashrate of 440 and with a power draw of 165 watts, the 1070 is a great choice for Bitcoin Gold.

Because the 1070 is an extremely popular graphics card among miners and gamers alike, this card will be extremely easy to sell off should you decide to stop mining. The one drawback of the 1070 is it’s high price tag.

With a price of over $400 not all miners will be able to afford it, making some of the other cards more reasonable choices. • #1 GTX 1080 Ti The GTX 1080 Ti is easily the best graphics card for Bitcoin Gold.

With an incredible 700 H/s, a miner with multiple 1080 Ti’s will easily net an extremely high profit margin. Though with so much power there are some drawbacks. The 1080 Ti costs over $700 making this a graphics card that is only bought by hardcore enthusiasts. Verifying Compatibility To make sure that all your selected components will work together, you can use the to make sure that the auxiliary components will work together. However, PCPP does not allow you to add multiple graphics cards, and this can be problematic because you might not know how large of a power supply you will need. You can calculate this by yourself by going to the graphics card’s manufacturer’s website, and finding the power draw. Multiply this number by the amount of graphics cards you will use, and add this number to the power draw of the auxiliary components (given by PCPP).

When you know how much power your system will use, you can choose a power supply accordingly, though you should have 10-20% extra power draw just for general safety and efficiency. After choosing a power supply, check the connectors that come with it.

This too can be found on the manufacturer’s website. If you can’t find any power supplies with enough connectors it is possible to use two power supplies. One popular configuration is using two 750 Watt power supplies, as you will have many extra PCI power cables for the graphics cards, as well as plenty of molex cables for the risers. Technical Requirements Though it is recommended to run multiple powerful video cards for mining Bitcoin Gold, you are not required to run any. It is technically possible to mine BTG on your processor, however compared to a dedicated graphics card, a processor is very slow and will not net even mediocre mining rewards. You most likely won’t even pay back the power costs of mining, making processor mining very inefficient and highly unpractical. Software Mining Software To mine Bitcoin Gold you will need the right software to do it.

This software will connect your computer to the network or pool, and begin hashing. Here is a list of Bitcoin Gold compatible miners: •, compatible with NVidia graphics cards on Windows and Linux •, compatible with AMD cards on Windows •, compatible with AMD cards on Linux Windows Installation In this section I will show you how to install the EWBF miner on Windows.

Keep in mind that installing other mining software will follow a very similar installation process. • Step 1 Go to the download page that you can find here:. Find the download link and download the latest version of the mining software. Sometimes when downloading the software your antivirus will tell you that the file is infected, this is often a false flag, and can be avoided by downloading the file as a.zip. • Step 2 Unzip the folder and store it in an accessible location. • Step 3 Create a new simple text document inside the folder and add this: miner.exe --server --user. --pass x --port --cuda_devices 0 1 2 3 When Bitcoin Gold releases and it becomes possible to mine, replace with the pool you would like to mine on.

Replace with your wallet address and with whatever you want. If you use multiple miners you can use this to label each miner and monitor them on the pool website. For you will replace it with the pools port.

I will introduce the different wallets and pools you can use in the next sections. Your final file will look something like this: miner.exe --server --user --pass x --port 3333 --cuda_devices 0 1 2 3 • Step 4 Save the new file as.bat file. • Step 5 Double click the.bat file then your computer will connect to the network and start mining. Linux Installation The Linux installation for the EWBF miner is a bit more complicated, but Linux can often provide more stability and sometimes even greater performance as opposed to the Windows variant. The following steps are done on the Ubuntu distribution of Linux • Step 1 Open Terminal. This can be done by pressing ctrl + alt + T, then enter this command sudo add-apt-repository ppa:graphics-drivers/ppa You will then be prompted to enter your password.

Text should start appearing inside of the Terminal window. You will soon be prompted to press [Enter] to continue. Press enter and wait for the command to finish processing. • Step 2 Next, you will have to install the latest NVidia drivers for your system from the repository we just added. Enter this command into the Terminal window: sudo apt-get update && sudo apt-get upgrade -y Many lines of code will start appearing on the screen. These are all the different updates that are being downloaded. This step may take some time.

• Step 3 One that step is finished, you will have to add another toolkit for the NVidia drivers in the Terminal window and enter: sudo apt-get install nvidia-cuda-toolkit -y This step will also take quite a while, but once it has finished you can move on to next step. • Step 4 Though this is not 100% necessary, it is recommended to install this piece of software as you will be able to monitor and control your graphics cards. You can install it with this command: sudo nvidia-xconfig -a --cool-bits=28 Once it has finished downloading, you will have to enable your graphics cards to be monitored, and that is done through the following command: sudo nvidia-xconfig --enable-all-gpus Once you have finished all the steps above you will have to reboot your system, simply type reboot inside of the Terminal window. After your computer has booted back up, you can open the newly installed software by going to the launcher at the top left, and searching for “nvidia.” The software to open is called “NVIDIA X Server Settings,” and you can use this software for monitoring graphics cards, changing fan speeds, and overclocking processors in order to get extra performance. • Step 5 Now that you have finished installing the necessary drivers for your graphics cards, it’s time to install the mining software.

Simply go to this link and install the latest version of the EWBF miner. Extract the folder to an accessible location and open it. Inside the folder, right click and select “open in Terminal.” Inside the new Terminal window, you will have to create a file called “start.sh”. This is a script which acts similarly to a windows.bat file.

Type: sudo nano start.sh And a blank window will now appear. Inside the window you will have to input: -/miner --server --user. --pass x --port Just like with the Windows installation, you will have to replace the necessary areas with the pool you want to mine on, your wallet address, and the server’s port. Once you have finished filling in the blanks, press ctrl+O then enter, and finally ctrl+x to close the window. There will now be a new file inside the folder.

• Step 6 The final step before your computer can start mining is for you to start both the miner and the start.sh files. To do this, open a Terminal window (inside of the folder) and type: sudo chmod +x miner && sudo chmod +x start.sh After inputting this command, finally type: sudo./start.sh And if you have followed all of the steps correctly, your computer will begin mining Bitcoin Gold. Wallets At the moment, there are only three wallets that are planned to support Bitcoin Gold, and these wallets are: • – an Android exclusive multi-wallet. • – another multi-wallet which is available on both Android and iOS. • – another multi-wallet which is available on both Android and iOS. Installation Guide To mine Bitcoin Gold you will need a wallet to store all of those mined coins. Mobile wallets are the most accessible since you can view your balance no matter where you are as long as you have your phone on you.

Here I will be showing you how to install the Coinomi Wallet for Android. • Step 1 Locate the app in the Google Play store and download it.

• Step 2 Open the app once it has finished downloading. The app will then ask you to either restore or create a new wallet. If you create a new wallet you will be asked to write down a seed, this seed is in case you accidentally uninstall the app or lose your phone.

The seed will help you restore your wallet so you can access all of your stored coins. If you want to import a wallet, you will be asked to import the seed.

• Step 3 Once you have created a wallet you will be asked to select a wallet to add. Scroll down until you locate Bitcoin Gold.

• Step 4 Once you have added the wallet, swipe to the “receive” tab and you will find your BTG address. You can use this address to receive BTG. Inside of your.bat or.sh file replace with this string of numbers, although remember to remove the spaces between the numbers. For example, change GUTb Tizu VXca Ueb4r YmCT mfjN PtJY p2NrA to GUTbTizuVXcaUeb4rYmCTmfjNPtJYp2NrA. If you leave the spaces in the address you will not receive any of your mined BTG. Pools If you only have one miner, it would be a wise decision to choose pool mining over solo mining so that your payouts will become more consistent.

Also, if you have a weak miner, solo mining may not work at all for you. Here is a list of pools which will support Bitcoin Gold: • • • • The rest of the pools that will support BTG can be seen on the Joining a pool is simple. Most pools will have a “Getting Started” tutorial page where it will give you examples of.bat file configurations. These example configurations will contain the server link and the port to mine to.

Below is an example configuration found on pool.mining.sg: In the image you can see what to replace and with in your.bat or.sh file. Once you have added these changes to your.bat/.sh file, alongside with your wallet, double click that file and you will begin mining to your wallet on the pool. You can view the Bitcoin Gold shares your miner has collected through the pools website. Simply go to “view miner stats” or “search for address,” depending on your pool. Input the Bitcoin Gold address you are mining to, and the pool will remotely show you your current hashrate and pending balance, however you can also view your current hashrate locally just by looking at the miners CMD or Terminal window. Solo Mining Solo mining is much more demanding than pool mining if you want consistent payouts because you will have to compete against every other pool and solo miner on the Bitcoin Gold network.

There is also the very real possibility that you will never mine a block, especially if you are running a very weak system. Solo mining usually requires a very large investment, and multiple systems, with multiple graphics cards in each one.

Setting up a node The easiest way to support Bitcoin Gold is by setting up and running your own Bitcoin Gold node. At the moment this can only be done through Linux. • Step 1 If you don’t have a Linux machine you can use the digital service. This service will allow you to setup a Linux machine on a cloud server. If you decide to use Digital Ocean you will have pay a small $5 fee for every month you want to continue using the service.

To use Digital Ocean you will have to create a droplet. After creating it you will receive access details in an email. In order to access your “droplet” you will have to download Putty and login via SSH. Once you have logged in you can start using the Linux droplet, and start building your Bitcoin Gold node • Step 2 First, you will have to open your sources.list file.