Cryptocurrency Q&A
Is Bitcoin gold SHA-256?
Is Bitcoin gold SHA-256?
MysticEchoFirefly
Tue Dec 03 2024
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5 answers
811
I'm wondering if Bitcoin gold uses the SHA-256 hashing algorithm. I know that different cryptocurrencies use different hashing techniques, and I'm curious about the specific one employed by Bitcoin gold.
5 answers
KimchiChic
Wed Dec 04 2024
The Equihash algorithm is designed to be more GPU-friendly.
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CryptoChieftain
Wed Dec 04 2024
This means that, unlike Bitcoin, Bitcoin Gold can be mined using graphics processing units, which are more accessible to the average miner.
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Eleonora
Wed Dec 04 2024
Bitcoin utilizes the SHA-256 hashing algorithm for its mining process.
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CryptoAce
Wed Dec 04 2024
This particular algorithm demands specialized hardware, known as ASICs, to effectively mine Bitcoin.
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TaekwondoMasterStrengthHonorGlory
Wed Dec 04 2024
In contrast, Bitcoin Gold employs the Equihash algorithm.
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