EthereumPoW price

EthereumPoW price

Price change from 00:00 UTC until now

EthereumPoW market information

Market cap
Circulating supply
107,818,717 ETHW
Market cap ranking
24h high
24h low
All-time high

ETHW calculator

Our current rate
1 ETHW ≈ $2.6930

EthereumPoW price performance in USD

The current price of EthereumPoW is $2.6930. Since 00:00 UTC, EthereumPoW has decreased by -1.50%. It currently has a circulating supply of 107,818,717 ETHW and a maximum supply of 107,818,717 ETHW, giving it a fully diluted market cap of $290.03M. At present, EthereumPoW holds the 117 position in market cap rankings. The EthereumPoW/USD price is updated in real-time.
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About EthereumPoW (ETHW)

The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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On September 15, 2022, the Ethereum blockchain underwent a significant transition from a Proof of Work (PoW) to a Proof of Stake (PoS) consensus model, marked by the Ethereum merge. While widely recognized within the cryptocurrency industry, this shift was met with opposition to the PoS method, culminating in the creation of EthereumPoW (ETHW).

The upgrade effectively rendered ETH miners obsolete, as validators now play a pivotal role by staking ETH to ensure network security. EthereumPoW, a forked version of Ethereum, emerged to cater specifically to those who continue to engage in the Proof of Work mining process for ETH.

What is EthereumPoW

In anticipation of the highly anticipated Ethereum upgrade and the subsequent hard fork, a new iteration of the Ethereum network emerged, known as EthereumPoW. Unlike a typical fork, EthereumPoW envisions a harmonious fusion of Ethereum's distinctive smart contract capabilities with the established security and decentralized attributes of the Proof of Work (PoW) consensus mechanism. At the core of this ecosystem lies ETHW, driving transactions and facilitating active engagement in network governance.

The EthereumPoW team

The EthereumPoW team comprises a group of developers and enthusiasts committed to building a decentralized, open-source, and permissionless blockchain platform. The team is led by Chandler Guo and includes Kevin Wang, David Li, and Peter Zhang. The EthereumPoW team believes Ethereum’s pre-merge blockchain is the most promising platform for housing decentralized applications (dApps)

How does EthereumPoW work

EthereumPoW operates on a Proof of Work (PoW) consensus model, where miners tackle intricate mathematical challenges to validate transactions and generate new tokens. This approach is revered for its enhanced decentralization, as it demands substantial computational power to verify and endorse transactions. Miners within the EthereumPoW network receive rewards in the form of ETHW, the native token of this chain.

Notably, EthereumPoW represents a significant divergence from Ethereum 2.0, marked by its status as a hard fork. This divergence is enduring, signifying that the two network versions operate independently due to disparities in node consensus. Consequently, the hard fork establishes an autonomous variant of ETH.

EthereumPoW’s native token: ETHW

ETHW is the native token fueling the EthereumPoW network, serving as a means of value transfer and incentivization. Operating within the EthereumPoW blockchain, it facilitates transaction validation and network security through the Proof of Work (PoW) mechanism. Beyond its foundational role, ETHW boasts utility as a versatile token, encompassing functionalities such as settling transaction fees, engaging with decentralized applications (dApps), and accessing an array of services offered within the EthereumPoW ecosystem.

ETHW tokenomics

Similar to ETH, ETHW has no maximum supply as each token is obtainable through mining, similar to PoW coins like Bitcoin and Litecoin

ETHW use cases

EthereumPoW, with its unique marriage of PoW and Ethereum's capabilities, brings a host of use cases to the table. Although they adopt different consensus mechanisms, meaning mining isn’t possible on Ethereum 2.0, ETHW has similar uses to ETH, including smart contract execution, dApp deployment, and fees for transactions. Furthermore, miners on the EthereumPoW chain are rewarded with ETHW, the native token of the EthereumPoW chain. 

Distribution of ETHW

ETHW is distributed as follows:

  • 70 percent: Distributed to ETH and WETH holders via an airdrop
  • 20 percent: Given to the EthereumPoW team and advisors
  • 10 percent: Marketing and development

The distribution of ETHW to ETH and WETH holders was done at a ratio of 1 ETH:1 ETHW. This means that for every 1 ETH held at the time of the snapshot, the holder was able to receive 1 ETHW.

EthereumPoW’s future plans

The EthereumPoW team plans to focus on two key areas: expanding the ecosystem's offerings and bolstering its network's capabilities. The team aims to enrich the EthereumPoW ecosystem by attracting developers to construct dApps and various projects on their platform.

In parallel, there's a push to enhance EthereumPoW's scalability and security. Lessons from past scalability challenges guide efforts toward building a robust, efficient network. Security, the cornerstone of any successful blockchain, is also under the microscope for continuous improvement.

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What is EthereumPoW (ETHW)? 

EthereumPoW is a unique blend of Ethereum's smart contract capabilities and the proven security of the PoW consensus mechanism. It aims to provide a platform for secure transactions, smart contract execution, and a foundation for dApps and various DeFi applications.

What Sets EthereumPoW Apart from Ethereum 2.0?

EthereumPoW is a distinct blockchain resulting from a hard fork of Ethereum 2.0. It maintains the Proof of Work (PoW) consensus mechanism, offering an alternative approach to transaction validation and network security. This divergence creates a separate and independent ecosystem where ETHW plays a central role.

Where can I buy ETHW? 

Easily buy ETHW tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include ETHW/USDT and ETHW/USDC.

Alternatively, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for ETHW with zero fees and no price slippage by using OKX Convert.

How much is EthereumPoW worth today?
Currently, one EthereumPoW is worth $2.6930. For answers and insight into EthereumPoW's price action, you're in the right place. Explore the latest EthereumPoW charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as EthereumPoW, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as EthereumPoW have been created as well.

ETHW calculator

Our current rate
1 ETHW ≈ $2.6930