Discover How EthereumPoW (ETHW) Offers New Opportunities for Miners – BitRss

The world of cryptocurrency is characterized by continuous development and rapid changes. These changes sometimes give rise to the birth of new projects. EthereumPoW (ETHW) is one such cryptocurrency project that emerged as a result of this process. So, what exactly is EthereumPoW and how does ETHW operate?

What is EthereumPoW (ETHW)?

EthereumPoW (ETHW) is a fork project that arose after the Ethereum (ETH ($3,269.31)) $3,281 network transitioned to a Proof of Stake (PoS) consensus mechanism in September 2022. This transition meant that miners could no longer use high-energy-consuming mining hardware to process blocks. However, a group of miners who wanted to continue mining created a new blockchain that preserved Ethereum’s original Proof of Work (PoW) consensus mechanism. Thus, ETHW is a product of this process.