Bitcoin Hard Fork heres's how to maximize your profits

The new coin will launch on 25 October and be available to trade on exchanges a week later.

Technical stuff aside, if you hold bitcoin on 25 October you will receive an 'airdrop' of the new coin in the same proportion as the amount of bitcoin you hold. Not all exchanges will have a market in the new coin, but the decentralised exchanges such as coinexchange that only offer crypto pairs as opposed to fiat, will be the most likely early places to trade the latest variant of bitcoin.

Bitcoin Gold, which uses a different hashing (i.e. encryption) algorithm to bitcoin's SHA256, will block the use of ASICs, making mining more 'democratic' as standard GPU (graphical processing units) chips can be used, and these are available in the consumer market from chipmakers such as Nvidia (NVDA) and AMD (AMD).

As a consequence, miners will not have to compete with the more efficient, but much more expensive, ASIC-based mining operations when they put their hashing power to work on Bitcoin Gold because ASIC miners are unable to work with its Equihash encryption algorithm.

The mining process of the bitcoin decentralised ledger system is known as the proof of work, and a consensus is arrived at among nodes on the network as to the validity of the proof of work, with the miner who was first to present the proof of work awarded the incentive payment for verifying transactions, which for bitcoin is 12.5 bitcoins per transaction block.

Basically keep your BTC online and maximize your profits with a free BTC GOLD and sell it during the first minutes.