GridCoin Price Hits $0.0483 on Major Exchanges (GRC)

GridCoin (CURRENCY:GRC) traded 0.8% lower against the US dollar during the 24 hour period ending at 12:00 PM Eastern on March 14th. During the last seven days, GridCoin has traded 19.9% lower against the US dollar. One GridCoin coin can currently be bought for approximately $0.0483 or 0.00000554 BTC on major exchanges including C-CEX, Poloniex, Bittrex and OpenLedger DEX. GridCoin has a market capitalization of $18.84 million and $44,963.00 worth of GridCoin was traded on exchanges in the last 24 hours.

GridCoin Profile

GridCoin (GRC) is a DPoR coin that uses the ProofofResearch hashing algorithm. It launched on November 3rd, 2013. GridCoin’s total supply is 390,312,753 coins. GridCoin’s official Twitter account is @GridcoinNetwork and its Facebook page is accessible here. GridCoin’s official message board is The official website for GridCoin is The Reddit community for GridCoin is /r/gridcoin and the currency’s Github account can be viewed 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. “

Buying and Selling GridCoin

GridCoin can be bought or sold on the following cryptocurrency exchanges: Poloniex, C-CEX, OpenLedger DEX and Bittrex. It is not possible to buy GridCoin directly using US dollars. Investors seeking to trade GridCoin must first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy 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's FREE CryptoBeat newsletter.

Leave a Reply