GridCoin (CURRENCY:GRC) traded down 6.2% against the US dollar during the 1 day period ending at 21:00 PM Eastern on February 18th. One GridCoin coin can currently be purchased for $0.0697 or 0.00000660 BTC on major exchanges including C-CEX, Poloniex, Bittrex and OpenLedger DEX. GridCoin has a total market capitalization of $27.19 million and approximately $43,443.00 worth of GridCoin was traded on exchanges in the last 24 hours. Over the last seven days, GridCoin has traded up 18.3% against the US dollar.
GridCoin (GRC) is a DPoR coin that uses the ProofofResearch hashing algorithm. Its launch date was November 3rd, 2013. GridCoin’s total supply is 390,312,753 coins. GridCoin’s official message board is cryptocurrencytalk.com/forum/464-gridcoin-grc. GridCoin’s official website is www.gridcoin.us. The Reddit community for GridCoin is /r/gridcoin and the currency’s Github account can be viewed here. GridCoin’s official Twitter account is @GridcoinNetwork and its Facebook page is accessible here.
According to CryptoCompare, “GridCoin (GRC) is a coin with a mission – to compensate miners for participating in BOINC projects. The coin is a scrypt altcoin with difficulty retargetting every 30 minutes – a 2.5 minute block target and a hard cap of 168 million. Gridcoin introduces a Proof-of-Research algorithm that gives computers something productive to do. Instead of racing to solve meaningless equations, Gridcoin miners Researchers work on problems such as finding cures to diseases, mapping genomes, or climate studies, and are compensated for their work. Gridcoin is not limited to any one program, algorithm, or type of hardware. BOINC supports Windows, Mac OS X, Linux, and Android. “
GridCoin Coin Trading
GridCoin can be bought or sold on the following cryptocurrency exchanges: C-CEX, OpenLedger DEX, Poloniex and Bittrex. It is not currently possible to purchase GridCoin directly using U.S. dollars. Investors seeking to acquire GridCoin must first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase GridCoin using one of the aforementioned exchanges.
Receive News & Updates for GridCoin Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for GridCoin and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.