Groestlcoin (GRS) Reaches $0.633944 – Up 2.91 Percent in the Last 24h

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Groestlcoin (GRS) traded up 2.91 percent on US dollar in the last 24 hours period ending 06:45 on September 1st EST. Groestlcoin currently has a total marketcap of $44,876,607 and its 24 hour trading volume is around $3,039,710. In the time period across the last seven days, Groestlcoin is 3.98 percent against the US dollar along with a movement of 0.09 percent during the last 60 minutes.

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Now look at how the other cryptos have performed since yesterday:

  • Decentraland (MANA) is currently trading at $0.08 against the US dollar, a 3.83 percent change since yesterday. The Bitcoin cost for MANA currently, is 0.00001119 BTC.
  • Burst (BURST) is currently trading at $0.01 against the US dollar, a 11.77 percent change since yesterday. The Bitcoin cost for BURST currently, is 0.00000143 BTC.
  • SONM (SNM) is currently trading at $0.06 against the US dollar, a 2.79 percent change since yesterday. The Bitcoin cost for SNM currently, is 0.00000818 BTC.

Groestlcoin Report

Groestlcoin has a max supply of 70,789,574 coins. It was launched on 22nd March, 2014.

Cited from cryptocompare.com: “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”