$0.00443 -1.74%

GridCoin (GRC)

Gridcoin is a blockchain based cryptocurrency and supercomputer network. Gridcoin deploys the Proof-of-Research (POR) algorithm, which incentivizes users with Gridcoin for donating their computing power to help scientific projects on Berkeley Open Infrastructure for Network Computing (BOINC), a distributed computing network. Computing on these scientific projects substitutes the cryptographic calculations associated with Bitcoin mining. Furthermore, while Bitcoin secures its network via an energy intensive proof-of-work algorithm, Gridcoin utilizes a more energy efficient proof-of-stake algorithm.

  • Website
  • Social
  • Market Cap$1,832,862
  • Volume (24h)$561.14
  • Circulating supply412,525,697
  • AlgorithmScrypt
  • Proof TypeDPoR
  • Start Date2013-11-03
  • DifficultyAdj.1 block

GridCoin Price Chart

GridCoin price - Historical data

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GridCoin price on diffrent markets

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