BITCOIN GOLD: The world’s biggest cryptocurrency is about to split again

Another Bitcoin split is in the works, with a group of developers planning to establish an off-shoot called Bitcoin Gold (BTG).

Bitcoin Gold developers are planning to establish a hard-fork on October 25, with the new version of the currency scheduled to be in operation by the start of November.

Just like when Bitcoin Cash split in August, anyone holding Bitcoin at the time of the fork will receive the same amount of Bitcoin Gold. The aim of Bitcoin Gold developers is to level the playing-field somewhat for Bitcoin mining. Currently, mining is dominated by what’s called Application Specific Integrated Circuits (ASICs).

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Precious Metals Investment Symposium