How to Buy Bitcoin Gold (BTG) from CoinSwitch

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Bitcoin Gold is a distributed digital currency. It is a hard fork of Bitcointhe open source cryptocurrency. The stated purpose of the hard fork is to restore the mining functionality with bitcoin gold purchase Graphics Processing Units GPUin place of mining with specialized ASIC customized chipsetsused to mine Bitcoin. A central part of the bitcoin process, mining, is being controlled by a few manufacturers who sell their products to a select group of industrialized miners, centralizing the mining task bitcoin gold purchase breaking with one of the core values of bitcoin - decentralization [2].

ASIC resistant GPU powered mining provides a solution, as this kind of hardware is ubiquitous, and anyone can start mining with a standard, off-the-shelf laptop computer. Bitcoin gold purchase hard fork occurred on October 24th,at block height The team did this via a rapid mining of approximately 8, blocks at However, of the K coins, some five percent were set aside as a bonus for the team, or about coins for each of the six members. Bitcoin gold uses the memory hard equihash as proof-of-work algorithm instead of the sha But for the rest, the project follows the guidelines of the Bitcoin core project.

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Sharps Pixley now accept Bitcoin as a payment method for gold bullion and other precious metals via leading payment processor BitPay. As one of the most trusted providers of precious metal in the UK, Sharps Pixley now accept Bitcoin to provide greater choice to customers, both when making a purchase online or voice broking for larger transactions.

Buying gold bullion online with Bitcoin is easy via the Sharps Pixley online shop, just follow the transaction process to the payment method selection page and click on Bitcoin. There is a 0. By clicking through accepting the terms and conditions and clicking pay now, a window will appear from BitPay allowing the customer to scan a QR code to complete the payment or they can copy the address and send the correct amount of Bitcoin to that address from any BIP compatible Bitcoin wallet such as Mycelium, Copay or Bitpay.

Receiving funds can take 1 - 2 days and we will notify the customer once received and dispatch their order if they have chosen delivery. How to pay with Bitcoin? Bitcoin is a new digital currency that was created in and is held electronically. Bitcoin has been around since , about one year after a paper was posted on the internet titled: How does Bitcoin work? New Bitcoins are generated though a process called mining but you can also purchase bitcoins on a Bitcoin exchange.

Buying Gold and Silver with Bitcoin Here at Sharps Pixley, we are proud to now accept Bitcoin as a payment method for physical gold bullion and all other precious metals.

Sharps Pixley has a secure state-of-the-art in the heart of London, with safe deposit boxes to suit your needs. Sharps Pixley is wholly owned by Degussa who are said to be the leaders in physical bullion in Europe. Degussa currently has 10 business locations in Germany, Geneva, Zurich and Spain.

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Buy Gold with Bitcoin Sharps Pixley now accept Bitcoin as a payment method for gold bullion and other precious metals via leading payment processor BitPay. Get the latest precious metals prices, news, research and analysis at info. EU Cookie Law We have placed cookies on your computer to help make this website better.