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Coins: 3396
Exchanges: 262
Dominance:
BTC 52.3%
XRP 12.1%
ETH 9.40%
GRCX
USD

Gridcoin Classic (GRCX)

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Gridcoin Classic Volume by Exchange

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Quick Stats
Gridcoin Classic Price
Gridcoin Classic Price (BTC)
Market Cap
Market Cap Dominance N/A%
Trading Volume
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Gecko Rank #
Market Cap Rank #
All-Time High
Since All-Time High
All-Time High Date May 26, 2014 (over 4 years)
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Gridcoin Classic/Bitcoin Ratio 1 BTC = GRCX
Misc. Info
Genesis Date October 16, 2013 (about 5 years)
Hashing Algorithm Proof of Research
Hashrate N/A
Block Time 1.0 minutes
Available/Total Supply 409 Million / 336 Million How is this calculated?
Complete Metrics Score
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Community
About

Gridcoin is a peer to peer cryptocurrency which rewards miners for giving out processing power in order to solve scientific distributed computing projects through the BOINC project.

Through the BOINC project, it is hoped that Gridcoin will be able to benefit humanity via innovation in biology, mathematics, medicine, science, climatology, and astrophysics. It is a new idea in comparison to Bitcoin way of mining in that the processing power is utilized for research computational purposes instead of letting them to wasteful proof of work.

Gridcoin Specs:-
- Proof-of-Research Algorithm
- Re-target difficulty: 30 minutes
- 1 min block targets, for quick confirmations for merchants.
- Variable block reward

There is no hard cap on the total coin supply and it will converge to an inflation of 1% per year.

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Stars
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Watchers
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Forks
51
Contributors
492
Merged Pull Requests
485 / 703
Closed Issues / Total Issues