GridCoin (GRC) Hits One Day Trading Volume of $53,669.00

GridCoin (CURRENCY:GRC) traded 15.1% higher against the U.S. dollar during the one day period ending at 19:00 PM E.T. on February 14th. GridCoin has a total market capitalization of $26.61 million and $53,669.00 worth of GridCoin was traded on exchanges in the last 24 hours. One GridCoin coin can now be bought for approximately $0.0682 or 0.00000718 BTC on major cryptocurrency exchanges including C-CEX, OpenLedger DEX, Poloniex and Bittrex. During the last seven days, GridCoin has traded 11.7% higher against the U.S. dollar.

GridCoin Coin Profile

GridCoin is a DPoR coin that uses the ProofofResearch hashing algorithm. Its genesis date was November 3rd, 2013. GridCoin’s total supply is 390,312,753 coins. The Reddit community for GridCoin is /r/gridcoin and the currency’s Github account can be viewed here. The official website for GridCoin is www.gridcoin.us. GridCoin’s official message board is cryptocurrencytalk.com/forum/464-gridcoin-grc. 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 purchased on the following cryptocurrency exchanges: Poloniex, OpenLedger DEX, Bittrex and C-CEX. 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 Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase GridCoin using one of the aforementioned exchanges.

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