Groestlcoin
GRS

307.28
XVP
0.65 %
Change 24h
Genesis
March 22, 2014
Market Cap
XVP 22,352,637,227
Volume 24h
XVP 8,632,406,375
Circulating Supply
72,619,100
Total Supply
105,000,000
GRS
XVP
Description
Groestlcoin is a cryptocurrency that utilizes the Groestl algorithm for Proof-Of-Work. Groestlcoin aims to make mining possible for everybody, be it on an old CPU or a new GPU. There is roughly a 5x-10x hash difference between CPU and GPU mining. This is much smaller spread than that of Scrypt coins. The Groestl algorithm has one of the lowest power consumption, heat, and noise when compared with other algorithms. No ASIC currently exists for Groestlcoin and it is likely that Groestlcoin will be ASIC-free for the foreseeable future. The features of the Groestl algorithm allows for a fair distribution of the cryptocurrency.