GridCoin (CURRENCY:GRC) traded 9.1% higher against the dollar during the one day period ending at 18:00 PM E.T. on February 12th. One GridCoin coin can currently be bought for approximately $0.0631 or 0.00000704 BTC on cryptocurrency exchanges including Bittrex, C-CEX, OpenLedger DEX and Poloniex. During the last seven days, GridCoin has traded 33.7% higher against the dollar. GridCoin has a market capitalization of $24.62 million and $66,732.00 worth of GridCoin was traded on exchanges in the last day.

GridCoin Profile

GridCoin (GRC) is a DPoR coin that uses the ProofofResearch hashing algorithm. It was first traded on November 3rd, 2013. GridCoin’s total supply is 390,312,753 coins. The official website for GridCoin is GridCoin’s official Twitter account is @GridcoinNetwork and its Facebook page is accessible here. The official message board 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. “

GridCoin Coin Trading

GridCoin can be traded on these cryptocurrency exchanges: OpenLedger DEX, Poloniex, Bittrex and C-CEX. It is not possible to buy GridCoin directly using U.S. dollars. Investors seeking to acquire GridCoin must first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy GridCoin using one of the exchanges listed above.

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