So why yet another fork? The Bitcoin community is looking to completely decentralize the Bitcoin network that continues to be monopolized by the mining industry and a few deep pocket miners within the mining community, who have the majority of the at present. Bitcoin Gold is scheduled for release with the purpose to change Bitcoin’s consensus algorithm, allowing miners to mine Bitcoin with GPUs rather than the big expensive ASICs. The small miner communities are loving that. The price of GPUs are reasonable and they can mine bitcoins on a smaller scale and still be profitable. Making it possible to mine with Graphic Processing Units) is expected to allow more participants to mine, taking away some of the hash power from the BIG DOG miners who have largely cornered and monopolized the Bitcoin market.

As with a few months ago, Bitcoin Gold (BCG) will also be a hard fork, with the new tokens expected to launch on 25 October before being open to exchanges starting on 1 November. The new BTG token is planned to be sold at 10BTG to 1 BTC (which today would be about $480 since Bitcoin is $4800 as this article is being written). Even though there is talk about a BTC ICO (Initial Coin Offering), no dates have yet to be announced and as with Bitcoin Cash, each Bitcoin user, at the time of the fork, will have an equal amount of Bitcoin Gold associated with their private key. So buy as many bitcoins as you possibly can right now! Keep them stored in a wallet where YOU own the private key. Then you will get FREE bitcoin gold just as you received FREE bitcoin cash. See for the best wallets!

What is BTG (Bitcoin Gold) Bitcoin Forum: January 23. It is due Bitcoin's mining is currently big mining companies will be always been rewarded and also with. Another Bitcoin Fork - Bitcoin Gold (BTG) We just recovered from the Bitcoin Cash (BCH) user activated hard fork (UAHF) a few months back. And we were awaiting the. Bitcoin Gold is a Hard Fork that allows you to mine Bitcoin with GPU. BTG implements a new PoW algorithm, Equihash, that makes mining decentralized again.

What is Bitcoin Gold Fork? On 25 October, Bitcoin is going to see another hard fork that will result in a new cryptocurrency named Bitcoin Gold (BTG). As we saw with Bitcoin Cash a few months ago, existing bitcoin wallet private keys holding Bitcoin balances will receive the same amount in Bitcoin Gold on 1 November.

BUT as of today, it may be a number of weeks before Bitcoin Gold will be tradable which means you won’t be able to buy or sell immediately. Developers, miners and a number of key contributors including Jack Liao, the CEO of Hong Kong mining manufacturer LightningAsic, are behind Bitcoin Gold, with other parties involved including Chinese mining tycoon and owner of Bitcoin news portal and the project’s anonymous lead developer, H4x3. H4x3 describes Bitcoin gold as a real blockchain to pilot Bitcoin upgrades. Ultimately, the purpose of Bitcoin Gold (BTG) is to compete with Bitcoin Cash (BCH), and other GPU mineable coins, by bringing down the current monopolies and increasing centralization in order to serve and protect the Bitcoin world. Supporters of Bitcoin Gold hold the view that the best crypto engineers are working on Bitcoin Core and for this reason, Bitcoin Gold will try to follow Core as much as possible. The biggest change to the code in Bitcoin Gold is that it uses a different mining algorithm.

This algorithm is resistant to ASIC chips, called. Again, this means that the smaller miners can participate in the mining of Bitcoin Gold by setting up GPU mining rigs/machines. Similar to Ethereum, the use of GPUs will be needed to mine Bitcoin Gold in place of Bitcoin’s current Asics mining machines, which have been blamed for the centralization of Bitcoin. With Ethereum’s planned switch from Proof of Work (POW) mining to Proof of Stake (POS) next year, Bitcoin Gold developers’ decision to move away from Bitcoin’s SHA-256 algorithm to the Equihash algorithm is a timely one. Because all of those GPU mining machines on the market will now have a hopefully profitable coin to mine other than Ether.

Other anticipated changes from Bitcoin include an alteration to the adjustment time. Bitcoin has the level of difficulty to solve a block adjusted every 2-weeks and, with unstable hashpower experienced since the Bitcoin Cash fork, Bitcoin Gold will have the level of difficulty adjusted to every block found.

With this said, the near future won’t bode well for Altcoins (Alternatives to Bitcoin cryptocurrencies). Many investors and traders may very well sell their altcoins for bitcoins in order to cash in on the FREE Bitcoin Gold (BTG) they will receive. Yes you will receive the same amount of FREE Bitcoin Gold for the value of the Bitcoin you hold in your wallet where you own the private key. Without going into details about the technology, all I have to say is this.

If you do NOT own a private key to your bitcoin wallet, then MOVE YOUR BITCOINs to a Wallet where you own the Private Key. If you don’t know what I am talking about, sometimes it is the 12 words used to secure your bitcoin wallet. You may hear your private key called a “mnemonic phrase”. You do NOT have a private key associated with your Coinbase wallet, Coinpayments wallet, freewallet.org and many others.

THEY OWN YOUR BITCOINS! The more I write, the more I will continue telling everyone of my readers to OWN YOUR BITCOINS. How? Get a bitcoin wallet where YOU OWN THE PRIVATE KEY. It is time to Grow Up and Graduate by being responsible for your Bitcoins! So check out these wallets at Get ready for some FREE Bitcoin Gold!

Faith Sloan CryptoQueen QueenWiki DONATIONS: BTC: 1AByzWJM8eETf79H9mxiL85gMwMJKsZ2yd LTC: LVo3vat3g6E1ZPRmUQf6XyLGEgbbtiNDpg EMB: eGaty7S71FoiVEPnfiUFzR9Eze4SgA8WCf BQ: 0xa4718f219db508fac1c3b86267dd05 ETH: 0x6b389a0e52b4662f8ed1cc22ef4831f2c7b94871. Komodo KMD Mining Hash Algorithm here.

README.md Zcash® and Zclassic - Node Open Mining Portal This is a Equihash mining pool based off of Node Open Mining Portal. Donations for development are greatly appreciated! • BTC: 12Yc3Ezayhnm4X9x3nxV7vWY1h2qpWgajc, 18vHMxVzotQ9EPyESrf7Z1hNM9AwJeVHgD • ZCL: zcXDWbgReztLLXSTUMT2nEumiDM6zTzUXFb7vUnx9JNfJDVqbodyxwEQwgDkFw7Dp128tBU8n8rmVxT43DshmeTEM4LHcdz Production Usage Notice This is beta software. All of the following are things that can change and break an existing Z-NOMP setup: functionality of any feature, structure of configuration files and structure of redis data. If you use this software in production then DO NOT pull new code straight into production usage because it can and often will break your setup and require you to tweak things like config files or redis data.

Only tagged releases are considered stable. Paid Solution Usage of this software requires abilities with sysadmin, database admin, coin daemons, and sometimes a bit of programming.

Running a production pool can literally be more work than a full-time job. Community / Support IRC • Support / general discussion join: If your pool uses Z-NOMP let us know and we will list your website here. Some pools using Z-NOMP or node-stratum-module: - Bitcoin Gold Pool Running MPOS and 0.5% of the fee goes to the Zclassic donation fund! 200+ blocks have been found as well! Zcash Pool with Custom Frontend w/Miner's Jackpot Custom frontend Custom frontend and 0% fee 0.5% fee Usage Requirements • Coin daemon(s) (find the coin's repo and build latest version from source) • v7+ () • key-value store v2.6+ () Seriously Those are legitimate requirements.

If you use old versions of Node.js or Redis that may come with your system package manager then you will have problems. Follow the linked instructions to get the last stable versions.: be sure firewall access to redis - an easy way is to include bind 127.0.0.1 in your redis.conf file. Also it's a good idea to learn about and understand software that you are using - a good place to start with redis is. 0) Setting up coin daemon Follow the build/install instructions for your coin daemon. Your coin.conf file should end up looking something like this: daemon=1 rpcuser=zclassicrpc rpcpassword=securepassword rpcport=8232 For redundancy, its recommended to have at least two daemon instances running in case one drops out-of-sync or offline, all instances will be polled for block/transaction updates and be used for submitting blocks. Creating a backup daemon involves spawning a daemon using the -datadir=/backup command-line argument which creates a new daemon instance with it's own config directory and coin.conf file. Learn about the daemon, how to use it and how it works if you want to be a good pool operator.

For starters be sure to read: • • • • 1) Downloading & Installing Clone the repository and run npm update for all the dependencies to be installed. Sudo apt-get install build-essential libsodium-dev npm sudo npm install n -g sudo n stable git clone z-nomp-bitcoin-gold cd z-nomp-bitcoin-gold npm update npm install Pool config Take a look at the example json file inside the pool_configs directory. Rename it to zclassic.json and change the example fields to fit your setup. Please Note that: 1 Difficulty is actually 8192, 0.125 Difficulty is actually 1024. Whenever a miner submits a share, the pool counts the difficulty and keeps adding them as the shares.

Ie: Miner 1 mines at 0.1 difficulty and finds 10 shares, the pool sees it as 1 share. Miner 2 mines at 0.5 difficulty and finds 5 shares, the pool sees it as 2.5 shares. [Optional, recommended] Setting up blocknotify • In config.json set the port and password for blockNotifyListener • In your daemon conf file set the blocknotify command to use: node [path to cli.js] [coin name in config] [block hash symbol] Example: inside zclassic.conf add the line blocknotify=node /home/user/z-nomp/scripts/cli.js blocknotify zclassic%s Alternatively, you can use a more efficient block notify script written in pure C. Build and usage instructions are commented in. 3) Start the portal. Npm start Optional enhancements for your awesome new mining pool server setup: • Use something like to keep the node script running in case the master process crashes.

• Use something like to have a nice GUI for exploring your redis database. • Use something like to rotate log output from Z-NOMP. • Use to monitor your Z-NOMP instance and server performance. Upgrading Z-NOMP When updating Z-NOMP to the latest code its important to not only git pull the latest from this repo, but to also update the node-stratum-pool and node-multi-hashing modules, and any config files that may have been changed. • Inside your Z-NOMP directory (where the init.js script is) do git pull to get the latest Z-NOMP code. • Remove the dependenices by deleting the node_modules directory with rm -r node_modules. • Run npm update to force updating/reinstalling of the dependencies.

• Compare your config.json and pool_configs/coin.json configurations to the latest example ones in this repo or the ones in the setup instructions where each config field is explained. You may need to modify or add any new changes.

Credits Z-NOMP • • • NOMP • - developer of NOMP • - got coin-switching fully working and developed proxy-per-algo feature • - designs for front-end and created the NOMP logo • - got p2p block notify working and implemented additional hashing algos • - co-developer & great tester • - answering an absurd amount of my questions and being a very helpful gentleman • - helped implement fee withdrawal in payment processing • - contributed the pure C block notify script • - sponsored development of MPOS mode • - helping out with the repo wiki • - ordered me a pizza.