GridCoin Achieves Market Capitalization of $18.77 Million (GRC)

GridCoin (CURRENCY:GRC) traded 0.4% higher against the US dollar during the twenty-four hour period ending at 0:00 AM ET on April 15th. Over the last seven days, GridCoin has traded 19.9% higher against the US dollar. GridCoin has a total market cap of $18.77 million and $76,523.00 worth of GridCoin was traded on exchanges in the last 24 hours. One GridCoin coin can currently be bought for $0.0481 or 0.00000589 BTC on popular cryptocurrency exchanges including C-CEX, Bittrex, Poloniex and OpenLedger DEX.

GridCoin Coin Profile

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 message board is GridCoin’s official Twitter account is @GridcoinNetwork and its Facebook page is accessible here. The Reddit community for GridCoin is /r/gridcoin and the currency’s Github account can be viewed here. The official website for GridCoin is

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 these cryptocurrency exchanges: Bittrex, Poloniex, OpenLedger DEX and C-CEX. It is not presently possible to purchase GridCoin directly using U.S. dollars. Investors seeking to trade 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.

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