Details about Gapcoin cryptocurrency
Gapcoin
GAP
2+ (click to see list)
2014-10-21
€74,575 ( 0.58144%)
€2
17,634,537
1
Unknown
https://gapcoin.club
@Gapcoin
15896700x
€67225.7
Gapcoin price charts
GAP exchanges
Gapcoin, the crypto
Gapcoin (GAP) is a decentralized cryptocurrency that uses a unique mining algorithm called Prime-Gap. This algorithm aims to find large prime gaps, which are rare occurrences in prime number theory. It was created in 2014 and aims to fill the gap (hence the name) between Bitcoin and other altcoins.
The point
The main point of Gapcoin (GAP) is to create a cryptocurrency that can be mined by anyone, regardless of their hardware. The Prime-Gap algorithm is designed to be CPU, not GPU or ASIC, friendly. The creators of Gapcoin believe that a fair distribution of coins is important for a healthy ecosystem.
The problem
Gapcoin (GAP) tries to solve the problem of unequal mining rewards that can occur with other cryptocurrencies. By using a CPU-friendly mining algorithm, anyone with a basic computer can mine Gapcoin and earn rewards. This makes it more accessible and equitable than other cryptocurrencies that require expensive hardware to mine effectively.
Compare GAP and BTC performance
| Timeframe | GAP | BTC |
|---|---|---|
| 1h change | 0 % | -0.113414 % |
| 24h change | 0.74 % | 0.280879 % |
| 7 day change | 3.56 % | -1.26201 % |
| 14 day change | -20.39 % | -9.72239 % |
| 30 day change | -59.3 % | -7.76318 % |
| 200 day change | 0.12 % | 126.331 % |
| Year change | -41.52 % | 132.257 % |