Groestlcoin Price, News and Analysis (GRS)

Groestlcoin logo
$1.45
+$0.11 (+7.29%)
(As of 04/19/2018 11:18 AM ET)
1-Hour Price Change +1.76%
1-Day Price Change +7.29%
7-Day Price Change +100.07%
1-Day Volume$143.50 million
Market Cap$101.33 million
BTC Price0.00017644 BTC
Circulating Supply69.87 million
Total Supply69.87 million
Maximum Supply105.00 million

About Groestlcoin (GRS)

Currency Details

Name Groestlcoin
SymbolGRS
Market Capitalization$101.33 million
Coin or TokenCoin
AlgorithmGroestl
Proof TypePoW
Genesis Date3/22/2014
Mineable?Yes
Number of Exchanges6

Official Links

Official Websitegroestlcoin.org
Official Website (Alt)N/A
BitcoinTalk AnnouncementView
Twitter Account@GroestlcoinTeam
Facebook PageView
Github AccountView

Community Discussion

Reddit Communityr/groestlcoin
Telegram GroupView
Discord GroupView
Message Board (Alt)N/A

Research Tools

Blockchain Explorerchainz.cryptoid.info
Blockchain Explorer (Alt)groestlsight.groestlcoin.org
CoinMarketCapView
CryptoCompareView
CoinGeckoView

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Groestlcoin (GRS) Frequently Asked Questions

What is Groestlcoin?

It is a cryptocurrency utilizing Proof of Work – No ASIC currently exists for Groestl & it is unlikely that one will be developed for it anytime soon. GroestlCoin will be ASIC-free for the foreseeable future. - Through these features GroestlCoin embodies the fairly distributed & decentralized nature of Cryptocurrency. Anyone can mine effectively, with minimal resource consumption and nuisance. – With the influx of ASICs we thought decentralized mining will soon be dead, with GroestlCoin it is reborn and taken to another level. - The extra added value of Groestl is that the “richer advantage” (owning several GPU) is less interesting with Groestl; so fairer. - Stands for democratization of currency and mining, the ability to send and receive money immediately anywhere in the world, to not pay expensive banking fees, and to transact in an environment that is secure and anonymous. - Through an innovative algorithm, the Groestlcoin network consumes far less energy, maintains stronger security, and rewards miners in more sustainable ways than sha256, scrypt, x11 and x13 based coins. – Grostl will be the new greener home of GPU miners as it offers greater hashing results with less energy and heat. - They strive to make groestlcoin available to the masses. Innovative and user friendly, accessible for everyone. They highly value integrity and transparency. Digital currencies are the future and Groestlcoin will be one of the leaders in this revolution. The name \"Grøstl\" is a multilingual play-on-words, referring to an Austrian dish usually made of leftover potatoes and pork, cut into slices. These are roasted on a pan together with onions and butterfat. The dish is often seasoned with salt, pepper, marjoram, cumin, and parsley, and served with a fried egg or kraut (cabbage). Hence, gröstl is somewhat similar to the American dish called hash. The letter ‘ö’ was replaced by ‘ø’, which is a letter in the Danish alphabet that is pronounced in the same way as ‘ö’. This way, the name, like the hash function itself, contains a mix of Austrian and Danish influences. The pronunciation of Grøstl may seem challenging. If you think so, then think of the letter ‘ø’ as the ‘i’ in \"bird\". This letter is a so-called close-mid front rounded vowel. Groestl Specifications White Paper (Description provided by CryptoCompare)

What exchanges can I buy or trade Groestlcoin on?

Groestlcoin can be purchased or sold on the following cryptocurrency exchanges: Bittrex, Cryptopia, LiteBit.eu, Livecoin, CoinExchange and C-CEX.

How do I buy Groestlcoin?

It is not possible to buy most cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum and Litecoin can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance or Changelly to purchase other cryptocurrencies, including Groestlcoin.

Where can I get Groestlcoin wallet?

Groestlcoin produces its own wallet software that is available for download on its website, which allows you to store Groestlcoin on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano S. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Jaxx or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of Groestlcoin?

One Groestlcoin (GRS) is currently worth $1.45 on major cryptocurrency exchanges. You can also exchange one Groestlcoin for 0.00017644 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Groestlcoin in U.S. dollars is $101.33 million.

What hashing algorithm does Groestlcoin use?

Groestlcoin is a proof of work (PoW) coin that uses the Groestl algorithm.

How do I mine Groestlcoin?

Groestlcoin can be mined using specialized mining software. XMR Stak is a commonly-used mining tool that works for CPU mining and GPU mining with both Nvidia and AMD graphics cards. CCMiner is another popular mining tool for computers with NVIDIA graphics cards. In addition to having mining software, you will need a Groestlcoin and access to a mining pool that pools your effort with other miners and a wallet to store the Groestlcoin that you earn from mining. Most cryptocurrencies have multiple publicly-available mining pools that can be found with a simple Google search.

What is the Reddit page for Groestlcoin?

The official Reddit community (subreddit) for Groestlcoin is r/groestlcoin.


MarketBeat Community Rating for Groestlcoin (GRS)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  129 (Vote Outperform)
Underperform Votes:  94 (Vote Underperform)
Total Votes:  223
MarketBeat's community ratings are surveys of what our community members think about Groestlcoin and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.

Chart

Groestlcoin (GRS) Price Chart for Thursday, April, 19, 2018

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Google Trends

Groestlcoin (GRS) Search Trends

There is a correlation between price appreciation and public interest in cryptocurrencies, such as Groestlcoin. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "Groestlcoin" over the last 90 days.

Social Media Mentions

Groestlcoin (GRS) Reddit Feed


This page was last updated on 4/19/2018 by MarketBeat.com Staff

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