How To Mine Bitcoin Gold: The Ultimate Guide (For 2020)

If you are looking for ways to mine the newest cryptocurrencies out there, you are not the only one. At first, you must decide what to mine. In times when mining BTC is not that feasible, learning how to mine Bitcoin Gold (BTG) can give you an idea of making good money.

The good news is – you only need a desktop computer, a wallet for your coins to be sent and stored, an account on an exchange (if you want to trade your mined coins) and a Graphics card (GPU) to start earning money today!

As you probably know if you are following our latest cryptocurrencies news, there are many cryptocurrencies worth mining. What is important to note about how to mine Bitcoin Gold (BTG) is the following:

• Only testnet is currently available for Bitcoin Gold – which means that you can only mine using testnet.
• Be aware of the addresses which you use (the address prefix for mainnet is “G,” “m,” or “n” for testnet.
• The indicative mainnet launch date was November 12th – but make sure to stay up to date with the official BTG blog for comments.

We recommend exchanges such as HitBTC, Binance, Bitfinex, YoBit and Cex.io. Additionally, you can view other exchanges on the official BTG website and learn how to mine Bitcoin Gold with the best exchange by your side.

To mine Bitcoin Gold, you will also need the right software which connects to your computer to the network or pool, and starts hashing. This list includes the three most popular options, including:

• EWBF Miner, compatible with NVidia graphics cards on Windows and Linux
• Claymore’s AMD Miner, compatible with AMD cards on Windows
• Optiminer, compatible with AMD cards on Linux

When it comes to upgrading your hardware, it is another thing you will want to consider if you want to learn how to mine Bitcoin Gold. As more miners join the network in the following months, the difficulty will go up. So, you would want to consider:

• Adding more graphics cards (GPUs) or mining computers to your setup
• Upgrading your graphics cards to newer or more powerful ones

All in all, Bitcoin Gold (BTG) is a relatively new cryptocurrency which is why you need to set up a new wallet and make sure that you have an account on an exchange supporting BTG.