Groestlcoin Tops 24 Hour Volume of $1.53 Million (GRS)

Groestlcoin (CURRENCY:GRS) traded down 3.5% against the U.S. dollar during the 1 day period ending at 17:00 PM Eastern on February 20th. One Groestlcoin coin can currently be bought for about $0.73 or 0.00006220 BTC on popular cryptocurrency exchanges including Cryptopia, C-CEX, Livecoin and Groestlcoin has a market capitalization of $50.71 million and $1.53 million worth of Groestlcoin was traded on exchanges in the last 24 hours. During the last seven days, Groestlcoin has traded up 11.5% against the U.S. dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

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  • Bitcoin (BTC) traded up 6.3% against the dollar and now trades at $11,901.50 or 1.00000000 BTC.
  • Ethereum (ETH) traded down 2.2% against the dollar and now trades at $921.84 or 0.07856050 BTC.
  • Bitcoin Cash (BCH) traded 1.8% lower against the dollar and now trades at $1,505.97 or 0.12834100 BTC.
  • Litecoin (LTC) traded up 11.9% against the dollar and now trades at $250.15 or 0.02131820 BTC.
  • Monero (XMR) traded up 0.2% against the dollar and now trades at $316.99 or 0.02701410 BTC.
  • Ethereum Classic (ETC) traded 1.5% higher against the dollar and now trades at $40.07 or 0.00341507 BTC.
  • RaiBlocks (XRB) traded 32.3% higher against the dollar and now trades at $18.58 or 0.00186028 BTC.
  • Bitcoin Gold (BTG) traded 0.3% lower against the dollar and now trades at $138.42 or 0.01179620 BTC.
  • Zcash (ZEC) traded down 3.9% against the dollar and now trades at $458.32 or 0.03905830 BTC.
  • Verge (XVG) traded down 10.9% against the dollar and now trades at $0.0741 or 0.00000631 BTC.

Groestlcoin Profile

Groestlcoin (CURRENCY:GRS) is a proof-of-work (PoW) coin that uses the Groestl hashing algorithm. It was first traded on March 22nd, 2014. Groestlcoin’s total supply is 69,471,059 coins. The official website for Groestlcoin is Groestlcoin’s official message board is The Reddit community for Groestlcoin is /r/groestlcoin and the currency’s Github account can be viewed here. Groestlcoin’s official Twitter account is @GroestlcoinTeam and its Facebook page is accessible here.

According to CryptoCompare, “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 “

Buying and Selling Groestlcoin

Groestlcoin can be traded on these cryptocurrency exchanges: Bittrex, Cryptopia, CoinExchange, C-CEX, and Livecoin. It is not possible to purchase Groestlcoin directly using US dollars. Investors seeking to trade Groestlcoin must first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Groestlcoin using one of the aforementioned exchanges.

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