I wasn’t a fan of bitcoingold until now. BTG has transited to Equihash-BTG. The goal is to make Bitcoin Gold more ASIC-resistant. The new algorithm requires 17 times the amount of memory than Equihash, which means that any existent Equihash ASICs will not be able to mine BTG😉
Until recently I was happy mining/supporting Zcash which suited my NVIDIA GPU Rigs and was a project I believed in, until they decided to support ASIC’s after saying all along they were ASIC resistant, I felt betrayed and disgusted. So I looked for a new project to support, the only other project I believed in was Monero as they had been first to stand up against the ASIC intrusion on their network, but Monero is not suited to NVIDIA GPU’s, although I support Monero with my AMD GPU’s/CPU’s, so my search continued. I came across Komodo which read like a project I could support, but as I read more into the project it seemed they too would follow Zcash and allow ASIC’s onto their network. I didn’t know what to do, it seemed like all projects were just giving up like Electroneum and allow the hostile takeover of their “ASIC resistant” networks. I’ve warned people for months about the danger of Bitmain becoming such a large centralised hashrate provider and I disliked that they were attacking networks setup not to include ASIC’s. I’ve always said ASIC’s can mine networks designed for ASIC’s, but when they secretly research ways to attack resistant networks it makes my blood boil, especially when the projects cave in and give up resistance.
But then I found BitcoinGold and it’s latest fork, willing to stand up against ASIC’s and offer an opportunity to thousands of decentralised GPU miners seeking to mine and support an honest, open and transparent project with good intentions for the whole decentralised community.
With the future ambitions and advancements of BitcoinGold and knowing BTG will stand against the hostile ASIC’s, I now happily mine and support BTG with the knowledge the future looks bright:)
Thank you to all the BitcoinGold Developer’s, you guys rock🤙