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View ChartEthereumPoW (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.
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. Detailed public information about the full development team beyond ETHW Core is currently limited.
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 has been completely removed so that ETHPoW can continue to be mined, and 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.
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. However, the project has faced significant challenges, including a prolonged decline in adoption and an official announcement regarding service discontinuation.
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, where everyone who held ETH on the Ethereum blockchain before the fork received the same amount of ETHW after the merge. Users can claim ETHW using their Metamask wallet on the ETHPoW network.
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. However, the ecosystem has faced considerable difficulties. The official X/Twitter account announced a service discontinuation, stating: "Due to prolonged lack of user adoption, the development team has decided to discontinue the service. Please withdraw any remaining assets before the shutdown." The project also experienced a sharp price decline following its launch, and long-term price performance has been negative. 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.
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 has been completely removed, allowing ETHPoW to continue to be mined indefinitely. EthereumPoW does not offer staking capabilities; there is no mechanism to lock up ETHW tokens to earn passive rewards through staking. The network's hashrate is approximately 2.10T H/s.
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. Keep your private keys and seed phrases secure and never share them with anyone. Be cautious of phishing attempts and fake websites claiming to offer ETHW claiming or trading services. Given the official announcement regarding service discontinuation, users should withdraw any remaining assets from supported platforms before any shutdown occurs. Regularly check official channels for updates and avoid interacting with unverified smart contracts or dApps on the network.
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TradeAs of right now, the live price of EthereumPoW (ETHW) is $0.23163. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated ETHW to USD rate at the top of BTCC’s price page. In terms of market scope, EthereumPoW records a 24h trading volume of $2.782548M (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $26.277167M. Its current circulating supply stands at 107.82M out of a maximum supply cap of ∞.
The price volatility of EthereumPoW (ETHW) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (107.82M) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, EthereumPoW (ETHW) hit an all-time high (ATH) of $141.362265 on 2022-08-08 13:35, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.209961 on 2026-06-06 04:40. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading ETHW futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($2.782548M), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s ETHWUSDT perpetual contracts support two-way trading. If you anticipate a price decline for EthereumPoW, simply log into your BTCC account with USDT margin available, navigate to the ETHWUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for ETHWUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.23163), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for ETHWUSDT with zero financial risk.
Trading EthereumPoW (ETHW) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for ETHWUSDT, and review its live price ($0.23163) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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