What is Ethereum PoW?
Ethereum PoW (ETHW) is a hard fork of the Ethereum blockchain that continues to use the proof-of-work (PoW) consensus mechanism. It was created by a group of miners who opposed the transition to the proof-of-stake (PoS) mechanism, which rendered their mining equipment obsolete. ETHW operates in the same way as the original Ethereum network before the transition, with miners verifying transactions and adding new blocks to the blockchain by solving complex mathematical puzzles. The native token of the EthereumPoW network is the ETHW, which is traded on several exchanges.