Bitcoin Hard Fork On October 25th - Bitcoin Gold - What You Need To Know About ItsteemCreated with Sketch.

in #bitcoin7 years ago

On October 25th Bitcoin will hard fork once again and the hard fork will be called Bitcoin Gold. In this video, I talk about what will Bitcoin Gold bring to the table and the possible scenarios when Bitcoin Gold can become the dominant protocol.

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I love the idea of GPU farming and the idea of one computer/one vote. As I understand it that was the philosophy of Satoshi in the beginning.

Do you know if sites like Genesis mining or similar sites would:

  1. be ABLE to farm Gold &
  2. be interested?
    It seems that could make a difference.

For me it was helpful to understand the difference between a hard fork/update (like the upcoming ETH fork) & the hard fork/split that ends up in two currencies (like Bitcoin Cash).

Thanks for your analysis! Very helpful.

Yes, Genesis mining would definitely be able to mine Bgold, but for that to happen Bgold needs to become the dominant fork.

Very valuable information,Thanks for share!

Its amazing news for us.

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by liudasbutkus from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

Thank you for getting this out. @liudasbutkus

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