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Author Topic: NEW EthereumPoW  (Read 2816 times)
sp_
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August 26, 2022, 10:44:16 AM
 #41

I'm sorry but i don't understand is a fork of eth? Or a whole new altcoin? What exchange is it on anyway? Is it easier to mine than eth?

What's the difference between ETH and ETHW?
Is it a fork?
And will there be two currencies after the Merge will take place?

It is a fork that not yet has happened. (ETHW will fork around 15 september)

Ethereum POW and ETHW is the same thing.
The sourcecode has removed the difficulty bomb, removed POS code, removed some of the stablecoin adresses/ tornado cash adresses/ and hacked accounts. Implemented replay protection to make sure the new blockchain can co-exist with the original Ethereum.
The work is still in process, and more will be added.

If you have ethereum on any of the supported exchanges at the forking date, you will receive the same amount of ETHW(Eth POW) as ETH. Ethereum owners who have locked their funds in the staking pool will not receive coins in the new POW fork. This meens that the Ethereum POW will have 15-20% less coins than the original Ethereum.


Twitter:
https://mobile.twitter.com/ethereumpow
Sourcecode Github:
https://github.com/ethereumpow/

Supported Exchanges (25.08.2022)

Poloniex: https://poloniex.com/spot/ETHW_USDT
Gate: https://www.gate.io/ru/trade/ethw_usdt
Mexc: https://www.mexc.com/exchange/ETHW_USDT
Phemex: https://phemex.com/spot/trade/ETHWUSDT
Bitrue: https://www.bitrue.com/trade/ethw_usdt
Digifinex: https://www.digifinex.com/en-ww/trade/USDT/ETHW
CoinW: https://www.coinw.com/front/fastTrading?symbol=1027
Bitfinex: https://trading.bitfinex.com/t/ETHW:USD

When buying ETHW futures you will receive the same amount ETH POW after the fork on the 15th of september.


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August 26, 2022, 12:37:34 PM
 #42

sp_, I remember you wrote that you will make your fork of Ethereum on the POW algorithm. Are you on the team of the new EthereumPoW fork or will you also be doing your own fork? I may not have read all of your posts, so I'm interested in getting an answer to this question.
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August 26, 2022, 05:32:03 PM
 #43

sp_, I remember you wrote that you will make your fork of Ethereum on the POW algorithm. Are you on the team of the new EthereumPoW fork or will you also be doing your own fork? I may not have read all of your posts, so I'm interested in getting an answer to this question.


Will Eth-POW end up on viabtc mining pools?

And coinex exchange

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August 26, 2022, 08:08:56 PM
 #44

sp_, I remember you wrote that you will make your fork of Ethereum on the POW algorithm. Are you on the team of the new EthereumPoW fork or will you also be doing your own fork? I may not have read all of your posts, so I'm interested in getting an answer to this question.


FP91G I think you are referring to this post: https://bitcointalk.org/index.php?topic=5408631.msg60688091#msg60688091
I'm also curious and anxious to see more about this fork. I noted you post about the sp_fork on your thread.

My understand is, sp_ will do his own fork, not this one we're calling ETHW.

I don't know about the possibility, but sp_ you could do a thread here showing how you do a fork, specially with ETH, I'm sure will be awesome.


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sp_
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August 26, 2022, 08:56:34 PM
Last edit: August 26, 2022, 09:25:01 PM by sp_
 #45

My understand is, sp_ will do his own fork, not this one we're calling ETHW.

There could be more than one fork. But the ETHW future will give you the most profitable fork when Ethereum gos POS, and perhaps more bonus coins.. The future value of your Ethereum is in your private key, and not in the co founder and his team of lamers.

Make sure you move all your assets out of the tokens and back to the blockchain before the Merge.

for more info:

https://mobile.twitter.com/ethereumpow

Team Black Miner (ETHB3 ETH ETC VTC KAWPOW FIROPOW MEOWPOW + dual mining + tripple mining.. https://github.com/sp-hash/TeamBlackMiner
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August 26, 2022, 09:56:52 PM
 #46

I haven't heard of any major players coming out in support of this chain, but I have seen a few come out against it.  That makes me wonder who will be supporting it.  Any exchanges?  I think unless they can get Nicehash and Binance or Coinbase onboard, they're going to have a difficult time keeping the price elevated to the point where miners will want to mine it.  No doubt opportunities will present themselves though.  I am curious if the ETH I have locked on Coinbase is going to get me some ETH_PoW or not.

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August 26, 2022, 10:27:11 PM
Last edit: August 27, 2022, 12:20:18 AM by sp_
 #47

I think unless they can get Nicehash and Binance or Coinbase onboard, they're going to have a difficult time keeping the price elevated to the point where miners will want to mine it.  No doubt opportunities will present themselves though.  I am curious if the ETH I have locked on Coinbase is going to get me some ETH_PoW or not.

Ethermine, flexpool and hiveonpool have already announced that they will not support Ethereum POW.

Binance is adding support as we speak...

Open Faucet on the testnet:
https://faucet.ethwscan.com


---

I haven't heard of any major players coming out in support of this chain


You can still get 29 Ethereum POW for 1 ethereum

The futures are trading @ > million dollar volume per day

ETHW/ETH
$53.88/$1,556.73

https://coinmarketcap.com/currencies/ethereum-pow/

Poloniex: https://poloniex.com/spot/ETHW_USDT
Gate: https://www.gate.io/ru/trade/ethw_usdt
Mexc: https://www.mexc.com/exchange/ETHW_USDT
Phemex: https://phemex.com/spot/trade/ETHWUSDT
Bitrue: https://www.bitrue.com/trade/ethw_usdt
Digifinex: https://www.digifinex.com/en-ww/trade/USDT/ETHW
CoinW: https://www.coinw.com/front/fastTrading?symbol=1027
Bitfinex: https://trading.bitfinex.com/t/ETHW:USD

Team Black Miner (ETHB3 ETH ETC VTC KAWPOW FIROPOW MEOWPOW + dual mining + tripple mining.. https://github.com/sp-hash/TeamBlackMiner
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August 27, 2022, 03:38:04 AM
 #48

Yes the futures are around $50 or so. If you treat this merge as an air drop then I am pretty sure what will happen will be as follows,

1) ETH POW goes live and trades around $50 and heads downward. Will trade in this trajectory for a few days or weeks.

2) Will go to $10 or so and people will call it dead.

3) Then it starts to rise, starts to pump and eventually it’ll break $50 and head to $100 or $200 or higher. Who knows might even peak at 0.10 EtHW per ETH like BCH.
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August 27, 2022, 02:27:54 PM
 #49

My understand is, sp_ will do his own fork, not this one we're calling ETHW.

There could be more than one fork. But the ETHW future will give you the most profitable fork when Ethereum gos POS, and perhaps more bonus coins.. The future value of your Ethereum is in your private key, and not in the co founder and his team of lamers.

Make sure you move all your assets out of the tokens and back to the blockchain before the Merge.

for more info:

https://mobile.twitter.com/ethereumpow

This is extreme important to remember: to move ETH to ERC20 network
I have some ETH, not too much, on the Polygon network and if I forget, I'll miss the oportunity to have both coins

I think some people will not claim the fork due to this, there is ETH on Polygon, Ronin and lot of anothers layers/chains

...Who knows might even peak at 0.10 EtHW per ETH like BCH.

BCH was the only fork I get (sold everything) but I lost another opportunities
And I remember BCH price was very volatile in the beginning (I sold as soon as I get  Cheesy)

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August 27, 2022, 04:39:09 PM
 #50


BCH was the only fork I get (sold everything) but I lost another opportunities
And I remember BCH price was very volatile in the beginning (I sold as soon as I get  Cheesy)

Yes that is the mistake that many people make with forks and airdrops.

Normally when people get free coins, the first thing they do is sell them, at any price. However who is buying these coins? Obviously its some whales that will later pump the coin and then later they will start a FOMO which will cause the coin to peak and then head downwards.

Most likely it'll be the same scenario with ETHPOW. 
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August 27, 2022, 11:03:50 PM
 #51

What will the initial DAG size be?
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August 28, 2022, 10:04:49 AM
 #52

What will the initial DAG size be?
If there is no other news, then the size of the dag file will be unchanged.
https://minerstat.com/dag-size-calculator

My understand is, sp_ will do his own fork, not this one we're calling ETHW.

There could be more than one fork. But the ETHW future will give you the most profitable fork when Ethereum gos POS, and perhaps more bonus coins.. The future value of your Ethereum is in your private key, and not in the co founder and his team of lamers.
If I were to make a new fork of ethereum, then it should be launched immediately after the end of ethereum mining. If it is launched later, then this will cause a negative, and it is not clear what data you will use from the moment the mining ends until the day the fork starts.
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August 30, 2022, 12:53:00 PM
 #53

So I have a trezor do I move my 1 eth from coinbase to a trezor or must I load eth blockchain to be sure I get all forks.

I have a lot of pc's so loading an eth blockchain for forks is easy enough.

obviously moving to the trezor is less work.

advice on where to move the single eth I am holding would be nice to get it.

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August 30, 2022, 04:27:11 PM
 #54

So I have a trezor do I move my 1 eth from coinbase to a trezor or must I load eth blockchain to be sure I get all forks.

I have a lot of pc's so loading an eth blockchain for forks is easy enough.

obviously moving to the trezor is less work.

advice on where to move the single eth I am holding would be nice to get it.
Use a trusted exchange like Binance to get the fork unless you don't see loading up the blockchain as an extra workload, for me its another headache entirely, I am not ready for that, Binance and many other popular exchanges already announced that they will support the fork.
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August 30, 2022, 04:48:30 PM
 #55

So I have a trezor do I move my 1 eth from coinbase to a trezor or must I load eth blockchain to be sure I get all forks.

I have a lot of pc's so loading an eth blockchain for forks is easy enough.

obviously moving to the trezor is less work.

advice on where to move the single eth I am holding would be nice to get it.

why not move to a wallet were you can see the key?
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August 30, 2022, 05:59:31 PM
 #56

I guess I will load an eth wallet up at badbart what wallet do you use for eth.


I don't want an exchange.

So what can I load to a Mac OS that has 800gb space on the hdd?


https://ethereum.org/en/wallets/find-wallet/


Exodus? any good



https://gnosis-safe.io  any good

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August 30, 2022, 06:24:45 PM
 #57

Exodus has worked fine for me.  I use Exodus to mine to and Leger as a long term hold wallet.
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August 30, 2022, 07:13:38 PM
 #58

ETHW was solely created by ethash asic mining farm / asic manufacturer who don't want their "business" taken away from them.

They recently did the same with Decred because Decred changed their distribution model from 60% / 30% / 10% to 10% / 80% / 10%
PoW / PoS / treasury.
The Decred project changed the distribution because they realized that their mining was very centralized due to an asic monopol.

In order for asic farm/manufacturer to continue their blake 256 machines (you could hardly every buy ones) they forked Decred (DCR) to Decred Next (DCRN).



While I truly support decentralized mining (best achieved with gpus) I am absolutely DISGUSTED by the ETHW or eg. DCRN project.

This isn't a new home for miners at all and sadly ETC hasn't realized that "issue".


I wish for a future for gpu miners (way higher decentralization than asics), so please don't fall for the ETHW or similar traps.
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August 30, 2022, 08:19:15 PM
 #59

ETHW was solely created by ethash asic mining farm / asic manufacturer who don't want their "business" taken away from them.

They recently did the same with Decred because Decred changed their distribution model from 60% / 30% / 10% to 10% / 80% / 10%
PoW / PoS / treasury.
The Decred project changed the distribution because they realized that their mining was very centralized due to an asic monopol.

In order for asic farm/manufacturer to continue their blake 256 machines (you could hardly every buy ones) they forked Decred (DCR) to Decred Next (DCRN).



While I truly support decentralized mining (best achieved with gpus) I am absolutely DISGUSTED by the ETHW or eg. DCRN project.

This isn't a new home for miners at all and sadly ETC hasn't realized that "issue".


I wish for a future for gpu miners (way higher decentralization than asics), so please don't fall for the ETHW or similar traps.

Up to now ETC has not solved anything,the difficulty of the network has increased about 80% from the levels of before ETH announcement to PoS but the price hasn't moved upwards like the difficulty did.It looks like very difficult days lie ahead for miners during the winter because of crypto prices being down and the energy crisis that has hit almost all of Europe.No simple solution available for all of us,we are all in wait and see mode,the only thing I don't understand is why haven't GPU prices crashed really big during such phase,most likely they will do in October and after.

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FP91G (OP)
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August 31, 2022, 09:38:28 AM
 #60

I guess I will load an eth wallet up at badbart what wallet do you use for eth.


I don't want an exchange.

So what can I load to a Mac OS that has 800gb space on the hdd?


https://ethereum.org/en/wallets/find-wallet/


Exodus? any good



https://gnosis-safe.io  any good
Try MyCrypto
https://mycrypto.com/
This is a good and safe wallet. It is non-custodial and compatible with your Trezor Hardware Wallet. And it takes up little space on your computer.
Make a temporary wallet for a snapshot of the blockchain, and then transfer your Ethereum to Trezor.
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