News Crypto: Bitcoin Gold Talks Crypto Currency
This was BTG Communications Director Ed Iskra fielding questions from former Student Body President Enoch Weng at the Simon Fraser University Student Society during the 15th annual CaseIT Business Case Competition at the Beedie School of Business at FSU
What is Bitcoin Gold?
Bitcoin Gold is a distributed digital currency. It is a hard fork of Bitcoin, the open source cryptocurrency. The stated purpose of the hard fork is to restore the mining functionality with common Graphics Processing Units (GPU), in place of mining with specialized ASIC (customized chipsets), used to mine Bitcoin.
ASIC resistant GPU powered mining provides a solution, as this kind of hardware is ubiquitous, and anyone can start mining with a standard, off-the-shelf laptop computer.
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