GridCoin (CURRENCY:GRC) traded down 4.3% against the US dollar during the 24 hour period ending at 9:00 AM E.T. on March 11th. Over the last seven days, GridCoin has traded down 21.5% against the US dollar. One GridCoin coin can now be bought for $0.0502 or 0.00000546 BTC on major exchanges including C-CEX, Bittrex, OpenLedger DEX and Poloniex. GridCoin has a total market cap of $19.59 million and $41,579.00 worth of GridCoin was traded on exchanges in the last 24 hours.

GridCoin Coin Profile

GridCoin (CURRENCY: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 Twitter account is @GridcoinNetwork and its Facebook page is accessible here. GridCoin’s official website is The Reddit community for GridCoin is /r/gridcoin and the currency’s Github account can be viewed here. The official message board 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 the following cryptocurrency exchanges: Poloniex, Bittrex, OpenLedger DEX and C-CEX. It is not possible to buy GridCoin directly using US dollars. Investors seeking to acquire GridCoin must first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy GridCoin using one of the exchanges listed above.

Receive News & Updates for GridCoin Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for GridCoin and related cryptocurrencies with's FREE CryptoBeat newsletter.