GRIN to USD Converter
How much US Dollar ( USD) is 1 Grin ( GRIN)?
![change](https://assets.coingecko.com/coins/images/7340/small/grin.png?1696507624)
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GRIN
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How does it work?
The Morpher currency calculator allows you to convert a currency from Grin (GRIN)
to US Dollar (USD) in just a few clicks at live exchange rates.
Simply enter the amount of Grin you wish to convert to USD and the
conversion amount automatically populates. You can also use our Prices Calculator Table to calculate how much your currency is worth in other
denomination, i.e. 1 GRIN, 5 GRIN, 10 GRIN, 50 GRIN etc.
Trade GRIN on Morpher with zero fees and infinite liquidity
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Quick facts about Grin
Grin coin is a private & lightweight open source project based on the mimblewimble blockchain implementation.
MimbleWimble is a lightweight blockchain protocol proposed by anonymous author that goes by the name Tom Elvis Jedusor (inspired by Harry Potter) in July 2016.
Since then, the proposal has gained a huge following among Bitcoin and privacy advocates. Unlike bitcoin or ethereum, there are no addresses in Grin.
In order to transact using Grin, both wallets must communicate with each other online with the results broadcasted to the network.
Another key different is that transaction history (sender, receiver, amount) will not be recorded on the blockchain. Due to the removal of these information from the transaction, the data size remains small and that keeps the blockchain lightweight.
New nodes can easily join the network without having to download a large blockchain. Grin coin was launched without an ICO, fundraising, or pre-mine.
Developers around the world contribute openly with the goal to ensure the coin distribution remains as fair as possible. There are 2 popular wallets widely available to interact with the Grin network. Grin core wallet: https://www.coingecko.com/buzz/how-to-use-grin-wallet-to-send-receive-grin-coins Wallet713: https://www.coingecko.com/buzz/how-to-use-grin-wallet713-to-send-and-receive-grin-coin-step-by-step-guide The consensus algorithm used by Grin is the Cuckoo Cycle proof-of-work based.
There are 2 hashing algorithms involved with Grin.
Cuckoo-29 is meant for GPU mining while Cuckoo-31 is meant fo ASIC mining.
This is a deliberate design to encourage miners to eventually move into ASIC mining for efficiency while keeping it fair at the beginning of the launch. Grin coin has launched its mainnet on 15th January 2019 and is now available for mining and trading.
MimbleWimble is a lightweight blockchain protocol proposed by anonymous author that goes by the name Tom Elvis Jedusor (inspired by Harry Potter) in July 2016.
Since then, the proposal has gained a huge following among Bitcoin and privacy advocates. Unlike bitcoin or ethereum, there are no addresses in Grin.
In order to transact using Grin, both wallets must communicate with each other online with the results broadcasted to the network.
Another key different is that transaction history (sender, receiver, amount) will not be recorded on the blockchain. Due to the removal of these information from the transaction, the data size remains small and that keeps the blockchain lightweight.
New nodes can easily join the network without having to download a large blockchain. Grin coin was launched without an ICO, fundraising, or pre-mine.
Developers around the world contribute openly with the goal to ensure the coin distribution remains as fair as possible. There are 2 popular wallets widely available to interact with the Grin network. Grin core wallet: https://www.coingecko.com/buzz/how-to-use-grin-wallet-to-send-receive-grin-coins Wallet713: https://www.coingecko.com/buzz/how-to-use-grin-wallet713-to-send-and-receive-grin-coin-step-by-step-guide The consensus algorithm used by Grin is the Cuckoo Cycle proof-of-work based.
There are 2 hashing algorithms involved with Grin.
Cuckoo-29 is meant for GPU mining while Cuckoo-31 is meant fo ASIC mining.
This is a deliberate design to encourage miners to eventually move into ASIC mining for efficiency while keeping it fair at the beginning of the launch. Grin coin has launched its mainnet on 15th January 2019 and is now available for mining and trading.
GRIN Price Chart
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GRIN to USD price stats
24hr
-2.46%
7d
-6.33%
30d
24.39%
Over the past 30 days, Grin has gained 24.39% to USD. The trend and price charts for the past
week shows that GRIN has dropped -6.33% to USD and over the past 24 hours, GRIN has dropped -2.46% to
USD.