GeoCoin (GEO)

GeoCoin

$1.62154 USD (-0.62%)
BTC (-0.62%)
Market Cap
$5141175.0
USD
3170551.0 GEO
Volume (24h)
$7844.24
USD
4837.5248220827 GEO
Circulating Supply
4000000.0
GeoCoin
Max Supply
NA        
GeoCoin

GeoCoin Overview

People of the world face many difficulties in transferring money out of their countries, to foreign lands. Many governments have exercised control over the bank because of control over capital. Some find the foreign exchange rates and transaction fees frustrating and exorbitant. People now look forward to breaking free of these dependencies on any financial system. People have found their solution to these problems in use of Cryptocurrencies. Bitcoin initially helped people to have better control over their money. The cryptocurrency could be sent anywhere in the world. There is no limit over the amount and there is no transaction cost involved. Cryptocurrencies are decentralized, and no government authority has any control over the cryptocurrency.

GeoCoin (GEO) is the new cryptocurrency evolved to correct many drawbacks and downsides of cryptocurrencies, including Bitcoin.

System of GeoCoin

GeoCoins (GEO) is based on Earth geography. Each GeoCoin has a specific latitude and longitude on this Earth. Each GeoCoin represents eleven square meters on the surface of this Earth. The user has to download an application, known as GeoCoin Snap if she/he wishes to look for GeoCoins. GeoCoin Snap is only available at Google Play at this moment. It is also to be launched on the App store. The user is given a unique Identification once she/he is registered on the GeoCoin Snap application. A satellite is linked to the smartphone with its unique ID and unique credentials. The user can find a GeoCoin (GEO) by being at a particular location on Earth. The user has to snap the location once she/he reaches the location.

Process of GeoCoin

This snapping of location by a user means sending a request to the satellite. This request of a user is to acquire a GeoCoin (GEO). The satellite then makes a complete check of if anybody else has acquired the same GeoCoin (GEO) before, at the same latitude and longitude of Earth. If the satellite finds out that nobody else has acquired the GeoCoin, the GeoCoin is provided to the user. The GeoCoin (GEO) is linked with the user’s unique ID and unique coordinates. The application helps to do this. The other way of acquiring a GEO is if anyone gives it to the user or exchanges it with the user in exchange for traditional money. No user needs to be a software programmer to find a GeoCoin. GeoCoin is geo-context. It is linked with a GPS or GIS satellite. It prevents replication of GeoCoins at the same site on Earth.

Potential of GeoCoin

Since the Earth surface has the limited area, GeoCoin is limited and therefore, its value will increase. The application makes the snapping secured. The cost of snapping GeoCoin is less than mining other leading crypto coins. So the potential of GeoCoin is good.

Hashgains Mining Plan

TOPAZ
$ 175
0.5 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
RUBY
$ 350
1 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
EMERALD
$ 1750
5 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
SAPPHIRE
$ 3500
10 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
 
Customized
$ 175
0.5 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
TOPAZ
$ 200
500 MH/s
Maintenance Fees per GH/s/day
$ 0.12935
Contract Duration
24 Months
RUBY
$ 400
1 GH/s
Maintenance Fees per GH/s/day
$ 0.12935
Contract Duration
24 Months
EMERALD
$ 2000
5 GH/s
Maintenance Fees per GH/s/day
$ 0.12935
Contract Duration
24 Months
SAPPHIRE
$ 4000
10 GH/s
Maintenance Fees per GH/s/day
$ 0.12935
Contract Duration
24 Months
 
Customized
$ 200
500 MH/s
Maintenance Fees per GH/s/day
$ 0.12935
Contract Duration
24 Months
TOPAZ
$ 125
5 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
RUBY
$ 625
25 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
EMERALD
$ 1250
50 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
SAPPHIRE
$ 2500
100 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
 
Customized
$ 125
5 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
TOPAZ
$ 125
10 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
RUBY
$ 625
50 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
EMERALD
$ 1250
100 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
SAPPHIRE
$ 2500
200 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
 
Customized
$ 125
10 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
TOPAZ
$ 100
0.5 KH/s
Maintenance Fees per KH/s/day
$ 0.299
Contract Duration
24 Months
RUBY
$ 500
2.5 KH/s
Maintenance Fees per KH/s/day
$ 0.299
Contract Duration
24 Months
EMERALD
$ 1250
6.25 KH/s
Maintenance Fees per KH/s/day
$ 0.299
Contract Duration
24 Months
SAPPHIRE
$ 2500
12.50 KH/s
Maintenance Fees per KH/s/day
$ 0.299
Contract Duration
24 Months
 
Customized
$ 100
0.5 KH/s
Maintenance Fees per KH/s/day
$ 0.299
Contract Duration
24 Months
TOPAZ
$ 49
10 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
RUBY
$ 245
50 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
EMERALD
$ 490
100 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
SAPPHIRE
$ 980
200 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
 
Customized
$ 49
10 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
TOPAZ
$ 350
1 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
RUBY
$ 1750
5 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
EMERALD
$ 3500
10 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
SAPPHIRE
$ 5250
15 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
 
Customized
$ 350
1 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
TOPAZ
$ 50
10 GH/s
Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months
RUBY
$ 250
50 GH/s
Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months
EMERALD
$ 500
100 GH/s
Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months
SAPPHIRE
$ 1250
250 GH/s
Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months
 
Customized
$ 50
10 GH/s
Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months