What is Ethereum PoW (ETHW)
Ethereum PoW (ETHW) is a fork of Ethereum created to replicate the state of the network prior to the “Merge” of September 2022, keeping the Proof of Work consensus mechanism instead of switching to the Proof of Stake adopted by Ethereum. The token serves as the native asset of this alternative chain.
Ethereum’s transition to Proof of Stake left the miners who operated with dedicated hardware without a role: ETHW was born precisely from the desire of part of this community to continue with a mining-based chain.
How it began
The idea was proposed in July 2022 by Chandler Guo, a well-known miner in the Ethereum community. The network is secured by mining, and its hash rate is an indicator of the activity of the miners that support it.
Like all crypto-assets, ETHW has shown a highly volatile price trend; past performance is not a guarantee of future results.
Ethereum PoW Market Data
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