Wondering how to mine the recently launched Bitcoin Gold cryptocurrency? Today I will share with you my experience and how you can do it.
Bitcoin Gold, a recent fork off from the primary Bitcoin chain, has changed the way crypto miners look at Bitcoin by introducing its first fork in the history of the crypto world that puts the power to mine in the hands of those without access to dedicated ASIC mining rigs. Mining Bitcoin Gold is supposed to be on GPUs (like Nvidia or AMD).
Mined on the Equihash algorithm, Bitcoin Gold is a breakthrough much awaited in the crypto community, as it brings the ability to hash a currency which has historically been cornered by a deeply saturated ASIC market.
We’ll be walking you through everything from where to find the software required to begin mining Bitcoin Gold, all the way out to setting up your configuration files and getting the mining process started. One of the major things brought to the table by this innovative fork is that it truly brings back the concept of decentralization that cryptocurrencies are built around by taking the power from ASIC driven mega farms and putting it back in the hands of everyday enthusiasts and miners.
While there are a number of approved pools available directly through the Bitcoin Gold developer resources, we have found the simplest possible route to get you from an inactive underused GPU to hashing away at a currency based on the source code of the most globally known crypto to date.
Disclaimer: The launch of the Bitcoin Gold network was a bit rocky at first and it would seem the pool.gold network had a number of difficulties in the first 48 hours. While repairs have been initiated, it is now suggested that Suprnova.cc be used, as it has had continual reports of higher hashrates and a far smaller rate of orphaned blocks than other available pools.
So how do you feel about Bitcoin Gold mining and how profitable the currency will be?
Let us know in the comments below and make sure to subscribe to the channel for more updates on the crypto market, mining and trading.
Use Some of These Tools to Help you in the Crypto Game:
Access the Pro Version of the Tradingview Platform:
http://tradingview.go2cloud.org/SH1P2
Open an Account with Binance and Start Trading Cryptos:
https://www.binance.com/?ref=15053312
Trezor Hardware Wallet (the one I use):
https://goo.gl/XtrCJv
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