ETHW
ETHW

EthereumPoW price

$1.4590
+$0.0050000
(+0.34%)
Price change for the last 24 hours
USDUSD
Buy EthereumPoW
How are you feeling about ETHW today?
Share your sentiments here by giving a thumbs up if you’re feeling bullish about the coin or a thumbs down if you’re feeling bearish.
Vote to view results

ETHW Issuer Risk

Please take all and any precaution and be advised that this crypto-asset is classified as a high-risk crypto-asset. This crypto-asset lacks a clearly identifiable issuer or/and an established project team, which increases or may increase its susceptibility to significant market risks, including but not limited to extreme volatility, low liquidity, or/and the potential for market abuse or price manipulation. There is no absolute guarantee of the value, stability, or the ability to sell this crypto-asset at preferred or desired prices.

EthereumPoW market info

Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price
Circulating supply
Total amount of a coin that is publicly available on the market.
Market cap ranking
A coin's ranking in terms of market cap value.
All-time high
Highest price a coin has reached in its trading history.
All-time low
Lowest price a coin has reached in its trading history.
Market cap
$157.63M
Circulating supply
107,818,717 ETHW
100.00% of
107,818,717 ETHW
Market cap ranking
--
Audits
CertiK
Last audit: Mar 30, 2024
24h high
$1.4970
24h low
$1.4500
All-time high
$27.9900
-94.79% (-$26.5310)
Last updated: Sep 16, 2022
All-time low
$1.1660
+25.12% (+$0.29300)
Last updated: Oct 12, 2023

ETHW calculator

USDUSD
ETHWETHW
Buy EthereumPoW

EthereumPoW price performance in USD

The current price of EthereumPoW is $1.4590. Over the last 24 hours, EthereumPoW has increased by +0.34%. 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 $157.63M. At present, the EthereumPoW coin holds the 0 position in market cap rankings. The EthereumPoW/USD price is updated in real-time.
Today
+$0.0050000
+0.34%
7 days
+$0.017000
+1.17%
30 days
-$0.48900
-25.11%
3 months
-$1.8920
-56.47%

About EthereumPoW (ETHW)

2.3/5
TokenInsight
2.3
11/19/2022
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.
Show more
  • Official website
  • Github
  • Block explorer
    • About third-party websites
    About third-party websites
    By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.

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.

Show more
Show less

EthereumPoW FAQ

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 1 EthereumPoW worth today?
Currently, one EthereumPoW is worth $1.4590. 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.
Will the price of EthereumPoW go up today?
Check out our EthereumPoW price prediction page to forecast future prices and determine your price targets.

Monitor crypto prices on an exchange

Watch this video to learn about what happens when you move your money to a crypto exchange.

ESG Disclosure

ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Asset details
Name
OKcoin Europe LTD
Relevant legal entity identifier
54930069NLWEIGLHXU42
Name of the crypto-asset
EthereumPOW
Consensus Mechanism
Ethereum PoW employs the traditional Proof of Work (PoW) consensus mechanism, maintaining the original Ethereum blockchain's mining-based validation process after the transition to Proof of Stake (PoS) by the Ethereum mainnet. Core Components: Proof of Work (PoW): Ethereum PoW secures its network through miners competing to solve cryptographic puzzles to validate transactions and produce new blocks. The mining process is computationally intensive, requiring significant energy consumption and specialized hardware (e.g., GPUs and ASICs). Ethash Algorithm: The blockchain uses the Ethash algorithm, designed to be memory-intensive and resistant to ASIC dominance, ensuring broader participation in mining by allowing GPUs to compete effectively. Block Production and Finality: New blocks are added to the blockchain by miners who successfully solve the cryptographic puzzle, with block rewards and transaction fees acting as incentives. Ethereum PoW achieves probabilistic finality, meaning transactions become increasingly irreversible as additional blocks are added to the chain.
Incentive Mechanisms and Applicable Fees
Ethereum PoW maintains the traditional incentive structure of Proof of Work, rewarding miners for securing the network and processing transactions, while users pay transaction fees for network operations. Incentive Mechanism: Block Rewards: Miners earn block rewards in ETHW (Ethereum PoW tokens) for successfully mining new blocks and adding them to the blockchain. These rewards incentivize miners to dedicate computational power to secure the network. Transaction Fees: In addition to block rewards, miners receive transaction fees paid by users for executing transactions or interacting with smart contracts on the network. These fees are included in the blocks miners validate, providing an additional revenue stream. Deflationary Model: A portion of transaction fees (base fee) may be burned under the EIP-1559 model implemented in the original Ethereum chain, reducing the overall token supply over time and potentially increasing the value of ETHW. Applicable Fees: Gas Fees: Users pay gas fees in ETHW for network transactions, which vary based on the complexity of the transaction and network demand. Gas fees include a base fee (burned) and a priority fee (paid to miners). Smart Contract Fees: Smart contract interactions incur additional gas costs, reflecting the computational resources required to execute the operations.
Beginning of the period to which the disclosure relates
2024-03-12
End of the period to which the disclosure relates
2025-03-12
Energy report
Energy consumption
71026381.47337 (kWh/a)
Renewable energy consumption
15.116111393 (%)
Energy intensity
0.02824 (kWh)
Key energy sources and methodologies
To determine the proportion of renewable energy usage, the locations of the nodes are to be determined using public information sites, open-source crawlers and crawlers developed in-house. If no information is available on the geographic distribution of the nodes, reference networks are used which are comparable in terms of their incentivization structure and consensus mechanism. This geo-information is merged with public information from the European Environment Agency (EEA) and thus determined.
Energy consumption sources and methodologies
The energy consumption of this asset is aggregated across multiple components: For the calculation of energy consumptions, the so called “top-down” approach is being used, within which an economic calculation of the miners is assumed. Miners are persons or devices that actively participate in the proof-of-work consensus mechanism. The miners are considered to be the central factor for the energy consumption of the network. Hardware is pre-selected based on the consensus mechanism's hash algorithm: Etchash. A current profitability threshold is determined on the basis of the revenue and cost structure for mining operations. Only Hardware above the profitability threshold is considered for the network. The energy consumption of the network can be determined by taking into account the distribution for the hardware, the efficiency levels for operating the hardware and on-chain information regarding the miners' revenue opportunities. If significant use of merge mining is known, this is taken into account. When calculating the energy consumption, we used - if available - the Functionally Fungible Group Digital Token Identifier (FFG DTI) to determine all implementations of the asset of question in scope and we update the mappings regulary, based on data of the Digital Token Identifier Foundation. To determine the energy consumption of a token, the energy consumption of the network(s) ethereumpow is calculated first. Based on the crypto asset's gas consumption per network, the share of the total consumption of the respective network that is assigned to this asset is defined. When calculating the energy consumption, we used - if available - the Functionally Fungible Group Digital Token Identifier (FFG DTI) to determine all implementations of the asset of question in scope and we update the mappings regulary, based on data of the Digital Token Identifier Foundation.
Emissions report
Scope 1 DLT GHG emissions – Controlled
0.00000 (tCO2e/a)
Scope 2 DLT GHG emissions - Purchased
29262.58942 (tCO2e/a)
GHG intensity
0.01163 (kgCO2e)
Key GHG sources and methodologies
To determine the GHG Emissions, the locations of the nodes are to be determined using public information sites, open-source crawlers and crawlers developed in-house. If no information is available on the geographic distribution of the nodes, reference networks are used which are comparable in terms of their incentivization structure and consensus mechanism. This geo-information is merged with public information from the European Environment Agency (EEA) and thus determined.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. 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. The price and performance of the digital assets are not guaranteed and may change without notice. 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. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
Show more

ETHW calculator

USDUSD
ETHWETHW
Buy EthereumPoW