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. The Merge was completed on September 15, 2022, when Ethereum transitioned to a proof-of-stake consensus. ETHW forked and launched after the Merge, on September 15–16, 2022 (per CoinDesk and Investopedia). 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 led by veteran Chandler Guo, 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. Block time is approximately 13 seconds (OKX); other sources cite approximately 13–15 seconds. The token has an unlimited maximum supply, with a circulating supply of approximately 107.82 million ETHW. ETHW is a PoW-based Ethereum fork chain that supports smart contracts and dApps; its ecosystem is noticeably smaller than the Ethereum mainnet.

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: 2022-09-15 (per CoinDesk); mainnet launch reported as 2022-09-16 (per Investopedia)
• Circulating Supply: 107,818,999 ETHW
• Total Supply: 107,818,999.04993 ETHW
• Max Supply: Unlimited / Uncapped
• Block Reward: 2.00 ETHW
• Block Time: ~13 seconds (OKX); approximately 13–15 seconds (other sources)
• 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 Explorers: ethwscan.com, https://www.oklink.com/ethereum-pow, https://www.oklink.com/en/ethw
• CertiK Rating: 3.7 (out of 5, issued by CertiK)
• Tags: PoW, mainstream exchange 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. Detailed public information about the full development team beyond ETHW Core is currently limited.

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. 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 (Ethereum block 15537393). This allows 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. ETHW cloned Ethereum's state at the Merge block (Ethereum block 15537393), which allows dApp developers and stablecoin issuers 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. According to CoinDesk and CoinMarketCap historical data, ETHW has fallen sharply in price since launch, and its long-term performance has been weak.

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. Users who held ETH on the Ethereum blockchain before the fork received the same amount of ETHW after the merge, on a 1:1 basis. Users can claim ETHW using their Metamask wallet on the ETHPoW network.

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. However, the ecosystem has faced considerable difficulties. According to CoinDesk and CoinMarketCap historical data, ETHW has fallen sharply in price since launch, and its long-term performance has been weak. Because the ETH 2.0 staking contract 0x00000000219ab540356cBB839Cbe05303d7705Fa only has a deposit function, staked ETH cannot be withdrawn on EthereumPoW, reducing ETHW circulating supply by 13,712,994.

How to mine EthereumPoW?

Mining EthereumPoW requires specialized hardware, such as GPUs or ASICs. According to reference materials, ETHW Core plans to support a 4G DAG size later and has explicitly stated that it does not intend to make the mining algorithm ASIC-resistant. Miners can use Ethash-compatible mining software to participate in securing the network; per reference materials, the ETHW mining process is kept the same as Ethereum's before The Merge. The block reward is 2.00 ETHW. Block time is approximately 13 seconds (OKX); other sources cite approximately 13–15 seconds, similar to pre-Merge Ethereum. Mining difficulty adjusts automatically to maintain consistent block times. The difficulty bomb is disabled, so ETHPoW can continue to be mined. ETHW uses PoW consensus, and block rewards go to miners; unlike Ethereum's PoS, its security comes from hashrate rather than staking (per reference materials comparing ETHW and Ethereum). Network hashrate fluctuates with miner participation and market conditions (refer to live data on the page).

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. 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. Regularly check official channels for updates and avoid interacting with unverified smart contracts or dApps on the network.

ETHW is subject to significant price volatility, and its long-term market performance remains uncertain. Regulatory policies in different jurisdictions may affect the availability, trading, and use of ETHW. As a forked chain, ETHW also carries technical risks, including network security and ecosystem sustainability. The points above are for reference only and should not be treated as investment advice.