Quark QRK current price is $0.00832.

quark Quark (QRK)

$0.00832
-2.14% (24H)
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Market CapVolumeAvailable Supply
$2.29 M $84,512275.18 M QRK

Quark QRK current price is $0.00832 with a marketcap of $2.29 M. Its price is -2.14% down in last 24 hours.

Quarkcoin is a coin which increases security by using 9 rounds of hashing from 6 different hashing algorithms - blake, bmw, grøstl, JH, keccak, skein. 3 of the hashing rounds apply a random hashing function. This compares with Bitcoin's solitary use of SHA-256 algorithm.There is no pre-mine for this coin. A new block is generated every 30 seconds and 2048 Quark is given out as reward per block at the beginning. This reward halves every 60480 blocks or roughly every 3 weeks.The initial supply of Quark is 247 million and this is expected to be mined in roughly 6 months since launch date. The supply will then continue to increase at an inflationary rate of 0.5% per year. Quarkcoin was launched on 21 July 2013.

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