Bitcoin Gold ranks #154 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #1075: 921 of the 1074 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted. Of the 1307 non-native assets CoinSpectrum lists above it by market cap, about 71% are tokens, 22% are claims on other assets and 7% are memecoins.
| CoinSpectrum Grade | A · 74/100 · provisional |
|---|---|
| Rank among cryptocurrencies | #154 |
| Rank counting claims | #1075 |
| Market capitalisation | $7M |
| Price | $0.4263 |
| Circulating supply | 17,513,924 BTG |
| Maximum supply | 21,000,000 BTG |
| Consensus family | Proof of Work |
| Consensus mechanism | Equihash-BTG |
| Own hashrate | — |
| Network purpose | Payments |
| Ledger type | Single-asset ledger |
| Launch distribution | Premine |
Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.
A — 74 out of 100, provisional (from 19 of 20 criteria, 28 October 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 70 to 76 (B to A).
| Criterion | Score | Basis |
|---|---|---|
| Leading Consensus Mechanisms (Source) | 10 | group average |
| Consensus: leader ladder | 10 | Proof of work: 10 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| Consensus: family ladder | 10 | Proof of work: 10 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Cryptocurrency Standards (Source) | 7.4 | group average, 12 of 13 measured |
| Sound Money Qualities (6 checks) | 8.3 | 5 of 6 points source |
| Scarcity: a fixed cap that holds, and a supply near 21 million | 10 | fixed maximum supply of 21 million: supply scale 10, cap 10 |
| Durability: five years or more with no halt, freeze or reversal | ✓ | 17 full years since genesis, no halt, freeze or reversal in five years |
| Fungibility: every unit interchangeable, none the protocol can freeze or set apart | ✓ | no authority can freeze, blacklist or set apart a coin |
| Divisibility: the smallest unit worth a cent or less | ✓ | 8 decimal places, the smallest unit worth $4.3e-9 |
| Portability: fees of a cent or less and capacity for real demand | ✗ | typical fee $0.002; about 12 transactions a second (1.2 on the throughput scale; 5 is the busiest networks' median demand) |
| Verifiability: open-source nodes and checking without a trusted server | ✓ | node software open source; light clients verify from headers or proofs |
| Privacy (5 checks) | 4 | 2 of 5 passed source |
| Whitepaper privacy: keys are not tied to an identity | ✓ | Anyone can generate keys and receive and send coins; the consensus rules carry no identity check. |
| UTXO ledger: a new key for each payment, no account linking every coin | ✓ | |
| Network-level privacy: the node hides where a transaction came from (Dandelion++, Tor or I2P, on by default) | ✗ | Bitcoin Core 0.17-based node; Tor only if configured; no Dandelion. |
| Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble) | ✗ | Amounts are public. |
| Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses) | ✗ | Addresses are public. |
| Scalability (fees, throughput, block time, block space, features) | 6.7 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 9 | typical fee $0.002 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | 1.2 | about 12 simple transactions a second |
| Block time (10 minutes 10, less either side) | 10 | a block every 10.1 minutes |
| Block space per 10 minutes (32 MB or more 10) | 6.4 | 4 MB limit, 3.95 MB per 10 minutes |
| Features (3 checks) | 6.7 | 2 of 3 passed |
| Payments safe to accept within seconds | ✗ | Ten-minute probabilistic blocks, and the node (Bitcoin Core 0.21 base) relays BIP125 opt-in replace-by-fee, with no double-spend proofs or instant locks. |
| Pruned nodes: a full node can validate and drop old history | ✓ | Inherits Bitcoin Core's -prune (0.11+). |
| Light clients verify payments from headers or proofs, without a trusted server | ✓ | Bitcoin-format headers with Merkle roots support SPV verification (Bitcoin §8). |
| Security (miner pay and 7 checks) | 2.3 | 2 of 8 points, 1 not yet measured source |
| Miners paid a day ($1,000 0, $10 million or more 10), 2 points | 0 | about $384 a day |
| Its own hashrate: at least half its algorithm's largest, not merge-mined | – | |
| Largest pool or validator under 50% | ✗ | 95% |
| Largest three under 75% | ✗ | 100% |
| More than one maintained client | ✗ | 1 |
| Node software is open source | ✓ | The reference node is maintained by the small Bitcoin Gold core team in the BTCGPU GitHub organisation (MIT licence); it is not run by a company, though the team controlled the 2017 post-mine endowment. |
| Real on-chain use: 1,000+ transactions a day | ✗ | about 30 a day |
| No 51% attack or deep reorganisation in five years | ✓ | |
| Programmability (tokens, contracts, 5 checks) | 3.3 | 3 of 9 points source |
| Token issuance | 0 | No token issuance on the chain itself |
| Smart contracts: scripting for spending conditions | 1 | Bitcoin Core-derived Script; spending conditions only. |
| Multisig and time locks | ✓ | OP_CHECKMULTISIG plus BIP65 CLTV, CSV and SegWit inherited from Bitcoin's pre-fork history. |
| Atomic swaps with other chains | ✓ | Bitcoin-style HTLCs are expressible in its Script. |
| An exchange built into the protocol | ✗ | No exchange in the protocol. |
| Cross-chain messaging the chain verifies itself | ✗ | No cross-chain feature in the protocol. |
| Non-fungible tokens | ✗ | No token or NFT rules in consensus. |
| Decentralisation | 9.1 | section average, 7 of 8 measured |
| Censorship resistant (Source) | 10 | No authority can halt the chain or freeze funds: No protocol-level party can freeze, blacklist or claw back coins or halt the chain. source |
| No central team (Source) | 10 | No central team: The reference node is maintained by the small Bitcoin Gold core team in the BTCGPU GitHub organisation (MIT licence); it is not run by a company, though the team controlled the 2017 post-mine endowment. source |
| Who can mint (Source) | 10 | Proof of work: 10 of 10 on the ladder of who produces blocks |
| Nodes (Source) | 4.1 | 17 reachable nodes (distinct IP addresses at the chain's tip, crawled by CoinSpectrum on 2026-10-27; clearnet only) |
| Holder concentration (Source) | — | Not yet measured |
| Premine (allocated at launch) | 9.9 | 0.6% of today's supply allocated at launch to founders, a company, a foundation or investors. The team 'post-mined' 100,000 BTG (about 8,000 blocks at 12.5 BTG) right after the Oct 2017 fork, as a development endowment: 5% team bonus, 60% time-locked over 3 years, 35% for immediate use. 100,000 / 17,513,924 current supply (CoinGecko, 2026-10-23) = 0.57%. All other BTG is either inherited Bitcoin balances (open-mined) or open Equihash mining since the fork. source |
| Fundraising | 10 | No sale of the coin source |
| Developer share (after launch) | 10 | No developer share: every new coin goes to the miners or validators who produce blocks. No cut. The 100,000 BTG post-mine after the Oct 2017 fork was a one-off allocation (counted as premine); there is no ongoing dev fee, and all block rewards go to miners. source |
| Supply & Demand | 6.3 | group average |
| Supply & Demand (Source) | 2.5 | average of 6 measures |
| Exchanges (10 or more: 10) | 1 | 1 exchange |
| Daily volume ($10K 0, $1B or more 10) | 0 | $14,668 traded in 24 hours; #2777 by volume on the exchanges the site reads (scored on the median day of the last 2, $6,193) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 0 | 0.03% of its market cap a day, median of the last 3 days |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | 2 | $305 within 2% of the price on 1 exchange, 0.00% of its market cap, median of the last 2 days |
| Market cap ($1M 0, $10B or more 10) | 2.2 | $7.5M, 2.2 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | 10 | no futures, options or margin on the exchanges read |
| Supply (smaller is better) | 10 | fixed maximum supply of 21 million |
| Record | 6.7 | group average |
| Record (origin, claims, halts) | 10 | 3 positive, 0 negative source |
| Positive record | ||
| Launched with a stated purpose, not as a joke | ✓ | |
| No claims by its founders that contradict its own design | ✓ | |
| No halt, freeze or reversal in five years | ✓ | |
| Age (years since genesis) (Source) | 10 | 17 full years since genesis. Split from Bitcoin on 24 October 2017 after block 491,406, keeping Bitcoin's ledger: its history runs from Bitcoin's genesis block of 3 January 2009. |
| Development (work, improvements, unfixed issues) | 0 | 1 positive, 6 negative source |
| Positive | ||
| Steady work, 2 of 6 | ✓ | 0 commits in 0 of the last 12 months (github.com/BTCGPU/BTCGPU); Last release Bitcoin Gold v0.21.3-beta, 2024-12-23 (the only release in the last 24 months; the one before was v0.17.3 in August 2020); last commit to BTCGPU/BTCGPU in December 2024. |
| Negative | ||
| Unfixed vulnerability, disclosed 2024-07-03, −1 | ✗ | CVE-2024-52914: crafted orphan transactions can stall the node for hours in the uninterruptible orphan-resolution loop; still in Bitcoin Gold v0.17.3. |
| Unfixed vulnerability, disclosed 2024-07-03, −1 | ✗ | CVE-2020-14198: misbehaving peers are auto-banned into an unbounded ban list, so many attacker addresses can exhaust CPU and memory; still in Bitcoin Gold v0.17.3. |
| Unfixed vulnerability, disclosed 2024-07-31, −1 | ✗ | CVE-2024-52919: addr-message spam can overflow the address manager's 32-bit id counter and crash the node, with no addr rate limit; still in Bitcoin Gold v0.17.3. |
| Unfixed vulnerability, disclosed 2024-09-18, −1 | ✗ | CVE-2019-25220: a long low-difficulty header chain can exhaust memory because the node has no headers pre-synchronisation; still in Bitcoin Gold v0.17.3. |
| Unfixed vulnerability, disclosed 2024-10-08, −1 | ✗ | CVE-2024-35202: a crafted blocktxn message trips the assert in compact-block reconstruction and crashes the node; still in Bitcoin Gold v0.17.3. |
| Unfixed vulnerability, disclosed 2026-05-05, −1 | ✗ | CVE-2024-52911: a crafted invalid block can make script-check threads read freed precomputed transaction data and crash the node; still in Bitcoin Gold v0.17.3. |
Twenty criteria, weighted equally. The Cryptocurrency Standards have six sections: sound money qualities (six checks: scarcity, durability, fungibility, divisibility, portability, verifiability), privacy (five checks), scalability (four measures and three features), security (miner pay and seven checks), programmability (token issuance, smart contracts and five checks) and decentralisation (censorship resistance, no central team, who can mint, nodes, holders, premine, fundraising and developer share). Provisional: criteria marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.
17,513,924 of a maximum 21,000,000 BTG are in circulation — 83.4% of the total that will ever exist.
| Premine (allocated at launch) | 0.6% of today's supply |
|---|---|
| Developer share received since launch | 0% of today's supply |
| Developer share of new coins today | 0% |
| Fundraising | No sale and no investor round |
The team 'post-mined' 100,000 BTG (about 8,000 blocks at 12.5 BTG) right after the Oct 2017 fork, as a development endowment: 5% team bonus, 60% time-locked over 3 years, 35% for immediate use. 100,000 / 17,513,924 current supply (CoinGecko, 2026-10-23) = 0.57%. All other BTG is either inherited Bitcoin balances (open-mined) or open Equihash mining since the fork.
No sale or venture round. The endowment's 35% 'immediate use' tranche funded development; whether it was sold on the market isn't documented.
No cut. The 100,000 BTG post-mine after the Oct 2017 fork was a one-off allocation (counted as premine); there is no ongoing dev fee, and all block rewards go to miners.
This contradicts the site's current label. The site says 'premine' with basis 'Coins were allocated without being mined… none were sold'. In fact the only allocation is the 100k post-mine (0.6% of supply), and over 99% of BTG was open-mined, either on Bitcoin before the fork or on BTG since. Coin Bureau reported that the post-mine began before the public launch. Sales of the endowment are undocumented.
Sources: github.com · bitcoingold.org · cointelegraph.com · blog.bitmex.com · coinbureau.com · coingecko.com. Researched 2026-10-24, high confidence.
No source we can reach publishes a hashrate for Bitcoin Gold.
No SEC/CFTC determination — unclassified.
The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.
Bitcoin Gold is #154 among cryptocurrencies and #1075 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 921 places between Bitcoin Gold's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.
The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).