Bitcoin Gold (BTG) is a decentralized cryptocurrency that aims to provide a fairer and more decentralized mining process by using a different mining algorithm called Equihash. It was created in 2017 as a hard fork of the Bitcoin blockchain. Bitcoin Gold uses a different mining algorithm (Equihash) to Bitcoin (SHA256) which makes it more resistant to specialized mining hardware, also known as ASICs. This allows for a more decentralized mining process, as it reduces the advantage of large mining pools and companies.
Bitcoin Gold also has its own native cryptocurrency, BTG, which can be used for transactions and as a store of value. Bitcoin Gold’s unique approach to mining and its focus on decentralization has made it a popular choice among individuals and organizations that value a fair and decentralized mining process.