Groestlcoin

Instant & Private transactions with subAtomic fees

Launched on 22 March 2014 with a focus on technological advancement, Groestlcoin (GRS) is SEGWIT and Lightning Network ready! Groestlcoin is a fast and secure coin with almost ZERO fees, that is privacy oriented. Major development release every 3 months!
Source

Groestlcoin cryptocurrency is be here for a long time. It is considering as older cryptocurrency. According to them, they are first to use Segwit and Lightning Network. Some of people are comparing Groestlcoin to a Bitcoin, but i think Bitcoin have his own league and there will be no Bitcoin 2.0. Groestlcoin became "famous" Q1 2017 when starts boom for mining. Many people choose Groestlcoin as well.

Groestlcoin is PoW, it is really mining friendly coin especially because is ASIC resistance. What is main plus to have Groestlcoin?:

• ASIC resistance
• GPU and CPU mining
• Private transactions (Using samurai wallet with THOR and VPN support)
• Multiple platforms wallet - (Linux, Windows, Mac, iOS, Android, etc)
• Energy saving / Lower power usage

What is interesting about Groestlcoin is that they have very active development team and they are constantly improving this coin. Every 3 months they have some kind of development announcement.

Miner's Heaven

Why (according to them) they are heaven for miners? It is just because they use 2 Rounds of Groest - 512 algorithm and no ASIC miner was created for this algorithm. It is important because difficulty doesn't increase so drastically and there is less room for centralization and more mining rewards for regular miners.

Mining pools:

• Dwarfpool
• CoinMine
• Mining Pool Hub
• Suprnova
• Cloud

TEAM

Well there is not much to tell here. All team of Groestlcoin is anonymous, but they claim they have 20 people constantly working on improving coin. And i believe them just because every 3 months they have some kind of development announcement.

Stats

ATH: 2.27 USD
ATH market cap: 156,813,997 USD

Current price: 0.5677 USD (24h + 105,70%)
Current market cap: 39,598,665 USD

Down from ATH: 79%

Summary

Over all Groestlcoin is good coin for long investment and have many pluses as:

• mining accessible for everyone
• mining efficiently, cheap and profitable
• Less power, noise and heat compare to BTC or LTC
• ASIC resistance cryptocurrency
• Currently way down from ATH
• Growing community
• Very active Development team
• Establish 2014 + trading on major exchanges
• Implementing Lightning Network
• Samurai wallet, atomic swap, Segwit

Major minus for Groestlcoin:

• Anonymous Team
• Competition - Bitcoin, Litecoin, Vertcoin
• Pump and dump coin for few times as you can see on graph

Disclaimer:
Any market data or commentary used here is for illustrative and informational purposes only. Don't trade with money you can't afford to lose especially with leveraged instruments. The past performance of any trading system or methodology is not necessarily indicative of future results.

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