Hey guys, fishjojo1 here
I just wanna inform you guys of the 50,000 Groestlcoin giveaway! That's right 50,000!
At first, I could not believe my eyes, but when I did a tad bit of research, the contest IS hosted by the developers of Groestlcoin themselves!
A Little Bit more on Groestlcoin
Groestlcoin is a cryptocurrency utilizing 'Proof of Work'. However, no ASIC exists or it, and it seems that there will not be. It is also fairly easy to mine and is kinda profitable.
To read the whole "about the coin" you can read it here
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. – We strive to make groestlcoin available to the masses. Innovative and user friendly, accessible for everyone. We highly value integrity and transparency. Digital currencies are the future and Groestlcoin will be one of the leaders in this revolution.
Block reward (blocks 0 .. 120,000): 512 GRS, decreased 6% every week
Block reward (blocks 150,000 and up): 25 GRS, decreased 1% every week
Minimum block reward: 5 GRS
Source Groestlcoin.org
The current price(as of 5/9/2017) is $0.027014
Here's a pic on coinmarketcap
Anyways, to enter the giveaway, go here and enter your email and solve the captcha.
I checked whether they sent me spam, and the only email they sent me was the confirmation email :D
You have to click on the confirmation link.
Then you're done! Use your created referral link to refer more people and get more entries!
Thank you for reading this post!
