It is now possible to mine the recent controversial Bitcoin “fork” Bitcoin Gold BTG.
Just a word of warning this coin had a pre-mine which in the industry have dubbed a money grab.
However if you dont care about that you may be able to make a short term profit mining and selling BTG.
Below are the stats based on an overclocked 6 x 1060 6gb rig. Based on these figures it currently beats anything listed on whattomine at $13 per der.
Please bear in mind that on new coins like this both mining difficulty and market value can be very volatile and it may not stay this profitable.
Please see the calculator below.
Following statement has been issued by Coinbase with regards to the possible upcoming fork of the Bitcoin chain.
“We wanted to remind you that the upcoming Bitcoin Segwit2x fork is projected to take place on November 16 and will result in 2 bitcoin blockchains.
In our effort to make Coinbase the most trusted, safe, and easy-to-use digital currency exchange, we are working to ensure we maximize your benefit from this event. So, following the fork:
- Any user storing Bitcoin on Coinbase at the time of the fork will be credited with an equal amount of the new Bitcoin2x asset on the Bitcoin2x blockchain. No action is required – we will automatically credit your account. If you have 5 Bitcoin stored on Coinbase before the fork, you will have 5 Bitcoin and 5 Bitcoin2x following the event.
- Coinbase users will be able to trade both Bitcoin and Bitcoin2x shortly after the fork.
- Coinbase will disable buys, sells, sends and receives for Bitcoin and Bitcoin2x approximately 24 hours before the fork. We will re-enable them following the fork once it’s safe to do so.
For a detailed timeline of events surrounding the fork please see our blog post and FAQ. Thank you,