Burst (CURRENCY:BURST) traded down 38.7% against the US dollar during the twenty-four hour period ending at 23:00 PM Eastern on February 5th. Burst has a total market cap of $31.50 million and approximately $1.04 million worth of Burst was traded on exchanges in the last 24 hours. One Burst coin can now be bought for about $0.0175 or 0.00000278 BTC on popular cryptocurrency exchanges including Burst Asset Exchange, Livecoin, Bittrex and Poloniex. Over the last seven days, Burst has traded 64.4% lower against the US dollar.
Burst is a PoC coin that uses the Shabal256 hashing algorithm. Its launch date was June 12th, 2014. Burst’s total supply is 1,800,339,818 coins. Burst’s official message board is forums.burst-team.us. The Reddit community for Burst is /r/burstcoin and the currency’s Github account can be viewed here. Burst’s official website is www.burst-coin.org. Burst’s official Twitter account is @Burstcoin_dev and its Facebook page is accessible here.
According to CryptoCompare, “Burst uses a new algorithm for proof of hdd capacity (POC) mining. Miners pre-generate chunks of data known as 'plots' which are then saved to disk. Taking NXT's great PoS code, and turning it into PoC. PoC takles the problem of unfair distribution, enables blockchain trimming, and allows anyone to mine without massive power bills or any special equipment “
Buying and Selling Burst
Burst can be purchased on these cryptocurrency exchanges: Burst Asset Exchange, Bittrex, C-CEX, Livecoin, Poloniex and Coinroom. It is not presently possible to purchase Burst directly using US dollars. Investors seeking to acquire Burst must first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Burst using one of the exchanges listed above.
Receive News & Updates for Burst Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Burst and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.