Rank 47
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Avg. Price
$ 0.0168101 USD
24hr Change
-61.79%
Mkt. Cap
$ 320,049.595
Vol. 24H
AUR 52.496 ($ 0.8824579666)
Low/High 24h
$ 0.0168101 / $ 0.04398997
Total Coins
$ 19.04 M
Last Trade
AUR 50.000 ( $ 0.840505) / unknown
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Description

Auroracoin is a cryptocurrency for Iceland. It is based on litecoin and is 50% premined. The premined coins will be distributed to the entire population of Iceland, starting at the end of March 2014. An interesting way to encourage coin use and market penetration and similar to Spaincoins marketing push. Difficulty retargets every eight blocks and there is no block reward reduction unlike Bitcoin.