GridCoin Trading Up 32.9% This Week (GRC)

GridCoin (CURRENCY:GRC) traded down 4.5% against the US dollar during the one day period ending at 14:00 PM E.T. on April 14th. GridCoin has a total market capitalization of $19.03 million and approximately $39,260.00 worth of GridCoin was traded on exchanges in the last 24 hours. In the last week, GridCoin has traded up 32.9% against the US dollar. One GridCoin coin can currently be purchased for about $0.0488 or 0.00000611 BTC on cryptocurrency exchanges including Bittrex, C-CEX, OpenLedger DEX and Poloniex.

GridCoin Profile

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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. The official website for GridCoin 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. GridCoin’s official message board is cryptocurrencytalk.com/forum/464-gridcoin-grc.



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: Poloniex, C-CEX, OpenLedger DEX and Bittrex. It is not currently possible to purchase GridCoin directly using U.S. dollars. Investors seeking to acquire GridCoin must first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase GridCoin using one of the aforementioned exchanges.

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