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Best Bitcoin Mining Pool. Because of how bitcoin mining works and how much competition there is, it’s virtually impossible for an individual to make profit when mining alone. What most bitcoin miners do instead is join one of the best bitcoin mining pools. If you’ve decided you’re going to try your luck in the crazy world of crypto trading, we’ve looked at the best cryptocurrency wallet for Mac of 2018. Crypto wallets are the securest way to store currency such as Bitcoin and Ethereum in the event of a cryptocurrency exchange hack. They’re also safer than mobile cryptocurrency wallets because your Mac is harder to hack, steal or lose than your mobile.
We compare five of the most popular wallets for storing, sending and receiving Bitcoin Gold (BTG).
Bitcoin Gold was forked from bitcoin in November 2017 with the goal of fixing what its team perceived to be some of the design flaws of bitcoin. While there are certainly some similarities between Bitcoin Gold and the original bitcoin, you’ll need to make sure that any wallet you choose to store your BTG is actually compatible with Bitcoin Gold because some bitcoin wallets don’t support this newer digital currency.
As Bitcoin Gold is still a relatively new cryptocurrency, there are fewer options for holding BTG compared to some of the more established coins. We’ve brought together five of the most popular BTG wallets in the guide below to help you find one that suits your needs.
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
Best wallets for Bitcoin Gold (BTG)Key things to look for in a Bitcoin Gold (BTG) wallet
If you’re a crypto newcomer, choosing a wallet for your Bitcoin Gold can seem overwhelming. There are many different types of wallets available, each with their own pros and cons, so make sure you look for the following key features when comparing your BTG wallet choices:
Five wallets for storing Bitcoin Gold (BTG)Ledger Nano S (hardware wallet)
Best Bitcoin Wallet For Beginners
One of its key features is the small organic LED (OLED) screen built into the device, which provides additional protection when displaying your private keys.
This is an important security factor, as it means that your private keys are never shown on a mobile or computer screen where they are at risk of being compromised by apps and malware that take screenshots of your device. This screen also allows you to quickly and conveniently verify all transactions.
For added security, the Nano S requires that you enter a four-digit PIN code in order to send any payments. If the PIN is entered incorrectly more than three times, the device wipes itself. There are also two buttons on the side of the device that have to be simultaneously pressed during any transaction, making it even more difficult for anyone to hack your account.
The Ledger Nano S can be accessed offline and is compatible with most common computer systems, including Windows, Mac, Linux and Chrome. However, like any other hardware wallet, it doesn’t come free and was priced at around $94 at the time of this writing (2/28/18).
Bitcoin Wallet For WindowsTREZOR (hardware wallet)
The TREZOR hardware wallet is another popular choice for anyone who wants to store their crypto offline. The TREZOR is a USB-style hardware wallet and has been designed to provide protection against the threat of keyloggers that might record the keystrokes necessary to gain access to your funds.
The TREZOR does this by generating a randomized PIN code each time you want to access your wallet and displaying it on the LED screen of the device, so it’s for your eyes only.
There are no usernames or passwords necessary because the device acts as your credentials. It also utilizes 2-factor authentication and allows you to add a passphrase for extra security.
Setting your TREZOR up is an easy process, taking roughly 10-15 minutes, and it works on Windows, Apple and Linux desktop operating systems. Once again, the main drawback is the cost. At the time of this writing (February 2018), this hardware wallet was listed for about $105 on the official TREZOR website.
Exodus (desktop wallet)
Exodus is a desktop wallet that can be used to store over 25 different cryptocurrencies, including Bitcoin Gold. It was the first desktop wallet to include inbuilt integration with ShapeShift, a tool that allows you to exchange cryptocurrencies in seconds. It’s a relative newcomer, having been launched in July 2016, but has already proven to be a popular wallet.
Exodus is free to download and was designed for people who are just starting out in crypto and therefore might not be ready to drop any money on a hardware wallet. The interface avoids using overly technical language and has a hands-on support system in place, including a comprehensive list of FAQs and articles explaining its features, troubleshooting and more.
One downside of Exodus is the slightly higher level of risk involved in using it rather than a hardware wallet. As a desktop wallet, it works by providing you with an online client interface that you can use to access and transfer your crypto, and it stores it all on your computer.
Another consideration is the lack of 2-factor authentication, which is a handy security feature offered by many other wallets.
However, if you’re looking to get started in the world of cryptocurrency, and you aren’t entirely sure about your level of commitment, Exodus is worth a look. It’s available on Windows, Linux and Mac OS.
Coinomi (mobile wallet)
Coinomi is a mobile cryptocurrency wallet for Android devices and boasts a host of impressive features. Its biggest selling point is support for an extensive range of crypto coins and tokens. In addition to Bitcoin Gold, it can also hold bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) and more than 80 other digital currencies.
It’s easy to install and setup takes just a few minutes, while the user interface is similarly straightforward. Sending and receiving payments can be done without hassle, and it’s easy to keep track of your crypto holdings. There’s also ShapeShift integration to allow for quick exchanges between currencies.
From a security standpoint, this wallet allows you to retain your private keys on your device rather than storing them on Coinomi’s servers. It’s also hierarchical deterministic (HD), enabling you to secure your holdings with one passphrase, and it doesn’t require you to jump through any Know Your Customer (KYC) hoops to access your funds.
However, mobile wallets simply can’t offer the same high level of security as hardware wallets. It’s also worth pointing out that Coinomi currently doesn’t have an iOS app. The app is listed as coming soon, and a beta version for iPhone users was available at the time of writing.
Bitcoin Gold Core (desktop wallet)
Bitcoin Wallet
The Bitcoin Gold Core wallet is the digital currency’s official full-node wallet, and it stores your private keys on your computer. As well as storing, sending and receiving BTG, it also allows you to mine BTG.
Available for Windows, Mac and Linux operating systems, it’s a secure storage option that allows you to control and manage your BTG holdings.
However, as it’s a full-node wallet, it does take a while to download and uses up a significant amount of hard drive space. It’s also not as user-friendly as third-party “light” wallets and can’t offer the same level of useful features. Finally, remember that if you’re looking for a wallet to store multiple different crypto coins and tokens, this option is only designed to hold BTG.
Tips for securely storing your Bitcoin GoldThe Best Bitcoin Wallet For Mac
To store your Bitcoin Gold as safely as possible, consider the following tips:
Best Bitcoin Wallet For Mac 2017
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