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Today, Bitcoin Gold has finally forked! Originally based on the Equihash algo, Bitcoin Gold 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 Bitcoin Gold.
According to the devs, this steep increase in memory requirements will also make it harder and pricier for ASIC manufacturers to create ASICs for Equihash-BTG in the future. Besides, the improved DAA will have a better response to hashrate swings.
The fork has not spawned a new currency. We don’t have to exchange our Bitcoin Gold tokens or anything. The only thing we have to do is to upgrade our wallet and mining software.
In this guide, I will walk you though the steps of setting up the new software required for mining, holding and trading Bitcoin Gold. Let’s get started!
Best mining hardware for Bitcoin Gold
- GPU: GTX 1060 6GB (25 Sol/s) , GTX 1070 Ti (39 Sol/s), GTX 1080Ti (55 Sol/s)
- Motherboard: ASRock H81 PRO BTC R2.0
- CPU: Intel Celeron G1840 Processor
- RAM: Kingston HyperX Fury 4GB 1333MHz DDR3
- PSU: for GTX 1060 2x Corsair 650W, for GTX 1070 2x Corsair 750W, for GTX 1080 Ti 2x EVGA 1000w GQ
- SSD: Silicon Power 120GB SSD
- Dual PSU Adapter: ADD2PSU Multiple Power Supply Adapter
- USB Risers: VER 008S, 6-Pack
- Frame: https://1stminingrig.com/product/aluminum-mining-rig-open-air-frame/
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How to mine Bitcoin Gold With Nvidia GPU
- Download precompiled EWBF Cuda Equihash Miner https://mega.nz/#!wwxRhIjJ!P2TQrzbfG3A4t3zPiRtXxo43cMvfWSrExjXYlx3ZBkk original
- Extract contents
- Edit BTG.bat file and replace wallet address
- Set MSI Afterburner clocks and run the .bat file
Nvidia GTX Equihash-BTG Mining Hashrate Benchmarks
GTX 1050 Ti 4GB
MSI GTX 1050 Ti GAMING X BV 4GB
- Hashrate: 17 Sol/s
- Clocks +100/+750
- Power Limit 100
- full review
MSI GAMING GTX 1060 3GB OC
- Hashrate: 23-26 Sol/s
- Clocks +100/+750
- Power Limit 80
- full review
Gigabyte GTX 1060 G1 Gaming
- Hashrate: 27 Sol/s
- Clocks +150/+750
- Power Limit 80
- full review
Gigabyte GTX 1070 G1 Gaming
- Hashrate: 36 Sol/s
- Clocks +100/+650
- Power Limit 75
- full review
Gigabyte GTX 1070 Ti 8G
- Hashrate: 39 Sol/s
- Clocks +150/+750
- Power Limit 75
- full review
MSI Gaming GTX 1080 8GB
- Hashrate: TBA
- Clocks TBA
- Power Limit TBA
- full review
MSI GTX 1080 Ti 11GB GAMING X
- Hashrate: 55 Sol/s
- Clocks +150/+750
- Power Limit 70
- full review
Colorful P104-100 4G
- Hashrate: 37 Sol/s
- Clocks +100/+750
- Power Limit 75
- full review
INNO3D P106-100 Mining 6Gb Samsung
- Hashrate: 25 Sol/s
- Clocks +100/+750
- Power Limit 75
- full review
Before to continue further, please share this thanks!
How to mine Bitcoin Gold with AMD GPU
- Hashrate: TBA Mh/s
- Clocks TBA
- Power Draw TBA
- -i TBA
- full review: Sapphire RX 470 Nitro+ OC 4GB
- Hashrate: TBA Mh/s
- Clocks TBA
- Power Draw TBA
- -i TBA
- full review: Sapphire Nitro+ RX 570 4GB
- Hashrate: TBA Mh/s
- Clocks TBA
- Power Draw TBA
- -i TBA
- full review: Sapphire Nitro+ RX 580 4GB
- Hashrate: TBA Mh/s
- Clocks TBA
- Power Draw TBA
- -i TBA
- full review: Sapphire Nitro+ RX 580 8GB
In Conclusion
I hope this tutorial helped you to painlessly set up your software for mining and trading the new BTG. The new algorithm is harder to mine, which is why, in order to compensate that, developers have lowered the difficulty to 1/100th of what it was before.
Good mining!
Thank you for reading. As always, your comments, suggestions and questions are welcome.
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The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.