EthereumPoW is a hard fork of Ethereum that was born after the Merge in 2022. The reason for the hard fork was that the miners of Ethereum feel that their expensive GPU rigs that are used for mining ETH will become garbage after the transition, and PoW is a superior consensus mechanism. While the Ethereum blockchain changes to the more efficient PoS, EthereumPoW continues to operate with the PoW algorithm as the name suggests.
At the time of writing, there are three versions of Ethereum: the main Ethereum blockchain that is used en masse, Ethereum Classic, and EthereumPoW.
EthereumPoW works in the same way as any other blockchains that utilize PoW, meaning that massive computing power is required to solve cryptographic puzzles to claim the rights to verify transactions and add them to the blockchain.
ETHW is the native token of EthereumPoW. It does not have a hard cap on total supply like ETH. The current circulating supply of ETHW is 107.1 million tokens.
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