RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

$0.004679 -1.86%

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

  • Market Cap

    14,326

  • Volume (24h)

    8.9

  • Circulating supply

    412,525,697

  • Algorithm

    Scrypt

  • Proof Type

    DPoR

  • Start Date

    Nov 3, 2013

  • DifficultyAdj.

    1 block

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GridCoin Historical Data

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