EthereumPoW or ETHPoW is a hard fork from the Ethereum blockchain which will continue to work using a proof of work consensus mechanism. The fork results from the Ethereum Merge, which will see the blockchain transition to a proof of stake consensus while the forked ETHPoW chain will continue to operate using a PoW consensus.
Calling itself the “original Proof of Work Ethereum,” EthereumPoW finds support from a group of ETH miners who would suffer losses as Ethereum ditches the PoW model in favor of PoS. The transition following the Merge has caused losses to the ETH mining community, consisting of not only individual miners and mining pools but also dedicated mining organizations.
The forked ETHPoW blockchain will allow miners to continue their mining operations and earn ETHW coins instead of ETH using the dedicated GPUs that were previously mining Ether (ETH). Although Ethereum’s co-founder Vitalik Buterin suggested that ETH miners switch their focus to mining Ethereum Classic (ETC) instead, a group of miners has decided to support the forked EthereumPoW network for this purpose instead.
ETHW is the native cryptocurrency of the ETHPoW chain. It can be mined and used to pay transaction fees using the EthereumPoW network. In addition, miners who participate in the network’s consensus mechanism by validating transactions and producing new blocks can earn rewards in $ETHW for their efforts.
