EthereumPoW PriceETHW

What is EthereumPoW (ETHW)?

EthereumPoW (ETHW) is a proof-of-work hard fork of the Ethereum blockchain, created in response to The Merge, which transitioned Ethereum to a proof-of-stake consensus. EthereumPoW positions itself as "the original PoW-based Ethereum network," preserving the mining-based consensus that Ethereum used since its inception. The project was developed by ETHW Core, a group of independent software developers and miners, and is described as a community-driven initiative supported by users worldwide who prefer PoW or wish to keep both consensus options available on Ethereum. ETHW uses the Ethash hashing algorithm and maintains a block time of approximately 13 to 15 seconds. The token has an unlimited maximum supply, with a circulating supply of approximately 107.82 million ETHW. The project launched in September 2022 and continues to operate as a PoW-based smart contract platform.

Key Specifications & Tokenomics

• Name: EthereumPoW
• Ticker / Symbol: ETHW
• Blockchain / Platform: Ethereum (PoW-based fork of Ethereum)
• Consensus Mechanism: Proof-of-Work (PoW)
• Hashing Algorithm: Ethash
• Smart Contracts: Yes
• Category: Platform
• Launch Date: Sept. 15, 2022 (mainnet went live after The Merge)
• Circulating Supply: 107,818,999 ETHW
• Total Supply: 107,818,999.04993 ETHW
• Max Supply: Unlimited / Uncapped
• Block Reward: 2.00 ETHW (per project documentation)
• Block Time: Approximately 13-15 seconds
• Difficulty Bomb: Disabled
• EIP-1559: Base fee distributed to miners
• Chain ID: 10001
• Network Name: ETHW-mainnet
• RPC URL: https://mainnet.ethereumpow.org
• Official Website: https://ethereumpow.org/
• GitHub: https://github.com/ethereumpow
• Official Twitter/X: https://x.com/EthereumPoW
• Block Explorer: https://www.oklink.com/en/ethw
• Security: ETHW inherits pre-Merge Ethereum's PoW design; a noted risk is 51% attack exposure due to PoW consensus.
• Tags: PoW, Binance Ecosystem

Who created EthereumPoW?

EthereumPoW was initiated by Chandler Guo, a China-based Ethereum miner who proposed an alternative PoW plan following Ethereum's transition to proof-of-stake. He leads ETHW Core, a group of independent software developers and miners. The project is described as a community-driven initiative supported by people from around the world who prefer PoW to PoS or who simply want to keep both options available for builders and users on Ethereum. ETHW Core is a group of independent software developers and miners led by Chandler Guo.

How does EthereumPoW work?

EthereumPoW operates on a proof-of-work consensus mechanism, the same mechanism Ethereum mainnet used before The Merge. Nodes in a decentralized network collaborate to verify transactions, and miners use specialized hardware such as GPUs or ASICs to validate transactions and secure the network. The network clones the state of Ethereum at the Merge block height, allowing dApp developers and stablecoin issuers to choose which Ethereum chain they support or copy application states to EthereumPoW. The difficulty bomb is disabled, so ETHPoW can continue to be mined. Mining difficulty adjusts automatically to maintain consistent block times. The EIP-1559 base fee is distributed to miners. The blockchain aims to support the same features as pre-Merge Ethereum, including smart contracts and decentralized applications.

What makes EthereumPoW unique and valuable?

EthereumPoW's primary distinction is its commitment to preserving the proof-of-work consensus that Ethereum originally used. For miners who had invested in specialized hardware, EthereumPoW offers a way to continue using their equipment to validate transactions and earn rewards after Ethereum's transition to PoS rendered such equipment obsolete. The project clones Ethereum's state at the Merge, which allows developers to port applications and liquidity to the ETHW chain. It also maintains compatibility with pre-Merge Ethereum features, including smart contracts and dApps. The project positions itself as a community-driven alternative for those who prefer PoW or want to keep both consensus models available on Ethereum. Compared with Ethereum: ETHW uses proof-of-work with miners, has higher energy use, focuses on mining and heritage dApps, and its noted security risk is a 51% attack, whereas Ethereum's is centralization risk under PoS. The project's developer ecosystem is smaller than Ethereum's, and its community is mainly legacy miners and PoW supporters.

What is EthereumPoW used for?

ETHW serves several functions within the EthereumPoW network. It is used to pay for transactions and computational operations on the blockchain. Miners receive ETHW as compensation for securing the network and validating transactions. The token fuels smart contracts and decentralized applications built on the EthereumPoW blockchain. Some users hold ETHW as a speculative investment or as an alternative to other cryptocurrencies. ETHW can also be traded on various cryptocurrency exchanges. The token was distributed through a fork-and-airdrop mechanism. Holders of ETH at the snapshot block were entitled to an equal amount of ETHW; users claim it by adding the ETHW network to MetaMask.

How Is the EthereumPoW ecosystem developing?

The EthereumPoW ecosystem was initially supported by numerous exchanges and aimed to replicate the functionality of pre-Merge Ethereum, including smart contracts and dApps. The project cloned Ethereum's state at the Merge block, enabling developers and stablecoin issuers to port applications and liquidity to the ETHW chain. On September 20, 2022, the project announced a bridge between EthereumPoW and Ethereum, created to simplify the movement of USDT between the two networks. However, the ecosystem has faced considerable difficulties. Like most forked assets, ETHW's price has been volatile since launch; price data is shown on the live price page. The circulating supply is reduced by 13,712,994 ETHW because the ETH 2.0 staking contract only has a deposit function, meaning staked ETH cannot be withdrawn on EthereumPoW.

How to mine EthereumPoW?

Mining EthereumPoW requires specialized hardware, such as GPUs or ASICs, as the project has no plan to make the mining algorithm ASIC-resistant. Miners can run ETHWMiner or other compatible mining software to participate in securing the network. The block reward is 2.00 ETHW, and the block time is approximately 13 to 15 seconds, similar to pre-Merge Ethereum. Mining difficulty adjusts automatically to maintain consistent block times. The scheduled difficulty bomb is disabled, allowing ETHPoW to continue to be mined. Because ETHW uses proof-of-work, there is no staking mechanism; new ETHW is issued only as block rewards to miners, currently 2.00 ETHW per block. Network hashrate fluctuates with miner participation and is displayed on block explorers such as ethwscan.com.

How to keep your EthereumPoW Coin safe?

To keep your ETHW safe, store your tokens in a reputable wallet that supports the ETHW network, such as Metamask configured for the ETHPoW chain. Always verify the official network details, including the RPC URL and Chain ID, before adding the network to your wallet. Use hardware wallets for long-term storage of significant amounts. Never share your private keys or seed phrases. Note that self-custody does not remove market risk: ETHW's value can fall sharply, and lost keys cannot be recovered. Be cautious of phishing attempts and fake websites claiming to offer ETHW claiming or trading services. As with any forked chain, users should verify official channels before interacting with bridges or claiming tools, and keep assets in a wallet they control. Regularly check official channels for updates and avoid interacting with unverified smart contracts or dApps on the network.

This article is for reference only and does not constitute investment advice. ETHW is subject to price volatility, regulatory policy changes, and technical risks; readers should assess these uncertainties independently.