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Verge (XVG) GUI Miner Beta is Up and Running

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Verge
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With the latest rise in prices after a prolonged downtrend, Verge (XVG) has finally started to show some improvement gaining over 7% in the course of the last 24 hours.

After the talked-about semi-fiasco that came as a part of Verge/Brazzers/Pornhub love triangle, where XVG lost a great part of its popularity by not managing to prove to the community that MindGeek partnership that brought them to Pornhub in the first place, was actually worth 75 million XVG.

At last, a couple of days ago Verge currency shared a couple of announcements from their official Twitter account, announcing a potential deal for RSK integration as well as announcing the new GUI miner for mining XVG.

Verge Releases the Announced GUI Miner

Approximately a week after the original announcement that Verge is preparing to release a new friendly GUI miner that would improve the security as well as the efficiency of the mining process involving XVG, the new GUI miner was released to the public.

The official announcement that confirmed the final release of the miner beta version came on June 25th, not long after the user-friendly miner was announced.

Verge seems to be literally on the verge of making something out of what they have since it seems to be turning out that Pornhub partnership wasn’t as welcomes into the community as expected. At least not welcomed at the price it came as a partner to Verge community.

So, this GUI miner might be just the right thing to provide the needed push to XVG.

The new miner was released for Windows operative system while the OS version is still to come out. GridcoreGFX was the main supporter as well as the developer of the newly released miner, also making a strong supporter of XVG.

Upon the release, there was already a crowd of XVG miners waiting to try out the latest miner for mining XVG, so you can see that the newly added thread on  Reddit as a support for this topic was pretty trending.

While some of the Redditors complained about not having the miner made open source, other Redditors complied stating that having this miner open source would make it vulnerable with attackers, explaining the reason why the new GUI miner was not made to be open source.

In the meanwhile, the reviewers of the newly released miner for XVG described the miner in their feedback as pretty smooth and easy to use in the domain of the interface, which was obviously designed with a purpose of being user-friendly while providing a smooth experience.

The new miner enables XVG miners to choose an algorithm of choice prior to starting a mining session, alongside with providing an ecosystem for miners that doesn’t require many setups, that way making it simple.

However, it is said that although the new GUI miner has as little setup as possible alongside with user-friendly interface, it still has flaws in terms of sometimes losing hash power as well as not providing thread options.

Balancing sides between occasional unavailability of mining serves and providing users with easy-to-use tools for mining the new XVG miner still makes up for a solid miners’ bay.

Verge has also had many issues with hack attacks, with the last one taking place not that long ago while taking away 35 million XVG units, which probably shook the trust of investors they have had placed in Verge currency.

By creating a more secure environment for miners, XVG might get a solid chance of increasing the level of security, that way preventing attacks in the future.

Verge (XVG) Performance

The market showed a strong sign of recovery on June 25th, when the majority of currencies started to go up with Verge taking over 6% against the dollar. The date also marked the official release of the XVG new GUI miner, introducing XVG to another benevolent day in the market.

More than 90% of the currencies are going up today as well, however in a more modest manner while barely going over 1% against the dollar.

In the last 24 hours, XVG went up by 1.97% while being traded at the price of 0.023$.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

3 Coins Coinbase Will Adopt Next

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Coinbase is one of the largest and most popular cryptocurrency exchanges in the world. However, throughout its existence, it was very picky when it comes to which coin it will adopt. So much so, that it has become a very large achievement to get support by the exchange.

Recently, however, Coinbase has decided to act on its users’ wishes and expand its list of accepted coins. In theory, this was a big deal, and the exchange actually started looking into a lot of coins. However, it only adopted a few of them. Right now, Coinbase is supporting Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, Litecoin, USD Coin, Basic Attention Token, and 0x.

Even so, Coinbase wishes to add more of them, but only after it ensured that the coins are a part of legitimate, non-controversial projects. As a result, the entire crypto community started speculating about which coins will be added next. This will also be something that we will try to answer today, by listing three projects that are the most probable candidates.

3. EOS

EOS or Ethereum On Steroids, as some like to call it, is a more than a decent project that has made headlines multiple times this year due to its progress. It managed to launch its own MainNet, which made it perfect for dApp development and smart contract creation. This makes it similar to ETH, but many…

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Bitcoin

What Will It Take For Bitcoin (BTC) To Rise Again?

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It is no secret that 2018 has been a terrible year for cryptocurrencies when it comes to their value. Things looked so bright during the first few days of this year, with Bitcoin hitting $20,086 per coin, and every altcoin reaching new heights. However, it was not to last, and soon enough, the market crashed, and prices went down.

What followed was months and months of a heavily bearish market that kept pushing the prices further and further down. It prevented any attempt of recovery, although several of them gave it their best shot.

Despite a situation like this, crypto investors never forgot the potential of Bitcoin, and many have been predicting another bull run that would have the same results. Those expectations were quite large, and potentially even unrealistic at first. Now, however, as the year approaches its end, it doesn’t seem like anything will happen. The community started to wonder why that is, and what would it take for another bull run to emerge, which is what we will try to answer right now.

What does Bitcoin need in order to have another bull run?

1. Bringing regulation

The crypto space remains highly unregulated in most parts of the world, which is one of the largest reasons why BTC remains dormant. While there are attempts to regulate it, these attempts are made even more difficult due to the fact that the market is constantly changing and…

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Altcoins

Stellar plans to Airdrop 150 Million USD in XLM to Blockchain Wallet Users

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Recently the Stellar Development Foundation partnered with Blockchain Wallet to airdrop $150 million value of XLM, to the owners of the wallet. The Block declared that the first batch of XLM would be shared this week for all users who signed up to use the Blockchain wallet.

The team behind the stellar Development Foundation hopes that this partnership will make XLM a real rival for other cryptocurrencies from the market.

The co-founder of Stellar, Jed McCaleb declared the following about the airdrop:

“We believe that airdrops are central to creating a more inclusive digital economy. Giving away lumens for free is an invitation to communities to design the services they need.

By working with Blockchain to increase the availability and active use of lumens on the network, we will increase the network’s utility by many orders of magnitude.”

Just $25 value of XLM each

To share some respect to the worth of XLM will distribute for each user, the team of Blockchain wallet declared that after verifying the identity when signing up to the wallet, $25 value of XLM will be shared to each. Furthermore,  there will be a first- come and the first-served clause in this airdrop which says:

Offer available until XLM giveaway supply is depleted. Limit of one XLM airdrop per person, unless participating in any bonus activities.

A person can receive the XLM airdrop in only 1 Blockchain Wallet.  XLM…

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