Ethereum POW - ETHW

[Yogee]

Many of you are probably aware of the Ethereum merge or the switch to POS but some may still be unaware that some group decided to continue with the "original" network and so the creation of another coin called ETHW.

Is there an airdrop? Yes and centralized exchanges have started distributing them to all their qualified ETH holders.

In case you have ETH in your non-custodial wallet by the time of the snapshot then you'll still get an equivalent amount in ETHW.

Just add the following in your Metamask or other supporting wallets if you want,

Network Name: ETHW-mainnet

New RPC URL: https://mainnet.ethereumpow.org

Chain ID: 10001

Currency Symbol: ETHW

Block Explorer URL(Optional): https://mainnet.ethwscan.com

Block Explorer URL(Optional): https://www.oklink.com/en/ethw

- https://medium.com/@ETHW/ethw-mainnet-info-released-d775865a05e6

1 ETHW is curently valued at $6
- https://www.coingecko.com/en/coins/ethereum-pow

[Bitcoin_Arena]

I here that there was another fork, though I haven't yet read about it and it could be another one of those stupid scams. it's called EthereumFlair (ETF) though the choice of name seems to be pretty much awkward since most of us traders know about ETFs (Exchange Traded Funds)
Are ETH holders at the time of snapshot also going to receive an ETF airdrop?

[tbct_mt2]

ETHW was dumped days after the fork and I could be wrong but I believe that there will be games for ETHW.

It is not good to buy that coin now because it must be moving side-way for a while before it becomes safer to enter. I will wait a few weeks and make my buying orders. I believe that after whales accumulate cheap ETHW, there will be games to list it on big exchanges. Imagine if it get listed on Binance, the market participants will become very FOMO.

[Cuda911]

If BTC dumps more in this month I am positive that ETHW will cost 2$ per coin, what pissed me off about this coin is the lack of utility, vitalik walk away with everything, smart contracting and leave only PoW behind, who is going to build on ETHW? Lol this is going to end up a shit coin.

[tvplus006]

...1 ETHW is curently valued at $6

Yes, such a price shows the true value of this coin. Although I naively thought that it would be possible to sell ETHW at a price around $100. It is possible that if the bear market continues, the price of these coins will drop to several tens of cents. It is obvious that even now the ETHW mining process is unprofitable, so the question of who will support the network will be relevant.

[Minecache]

ETHW was dumped days after the fork and I could be wrong but I believe that there will be games for ETHW.

It is not good to buy that coin now because it must be moving side-way for a while before it becomes safer to enter. I will wait a few weeks and make my buying orders. I believe that after whales accumulate cheap ETHW, there will be games to list it on big exchanges. Imagine if it get listed on Binance, the market participants will become very FOMO.

I have the same opinion as you, cannot confirm the future of ETHW but for now, we will have a bump and dump game with it. The highest price reached by ETHW on the bybit exchange was $40 and it is currently being dumped at $6.
Today binance has distributed airdrop to all users, but they don't allow trading but only withdrawal and deposit, looks like binance is having a different plan here. So now is not a good time to buy, after the whales collect enough goods, I believe there will be waves for us to take advantage of to make a profit.

[btc_angela]

...1 ETHW is curently valued at $6

Yes, such a price shows the true value of this coin. Although I naively thought that it would be possible to sell ETHW at a price around $100. It is possible that if the bear market continues, the price of these coins will drop to several tens of cents. It is obvious that even now the ETHW mining process is unprofitable, so the question of who will support the network will be relevant.

Those miners who don't want to get ride of their mining rigs will simply continue to mine this fork coin. And we have seen that it's been a rough start, up and down, sometimes you will see a huge dump and then followed a a increased of like 40%.

So obviously, someone from behind is playing it. But I guess this is to b eexpected just like any other fork coins in the past. And as long as there are going to be miners then this coin is going to survived.

[so98nn]

I think it’s just amazing to see the equivalent reward for the holders. I did not get the ratio from your post though? like is it 1ETH for 1ETHW? If that’s the case then man it is already having big price tag man. Since the cost is just 6 bucks per ETHW is too less for that conversion.

However, on the other hand buying it as an investment is perfect Timeline. ETHW will be invested under an impression of making money because ETH too lot of it from the miners in the first place. This is the coin one have to have in the portfolio before it’s too late.

[rhomelmabini]

Would love to get some free one and it's not that difficult to add it on your wallet, so I'm up to get a free ETHW. I wonder though if this was just cash grabs but will ETH PoW token will do the same as ETCs action? I mean ETC was original too and they continue thriving.

[tbct_mt2]

I have the same opinion as you, cannot confirm the future of ETHW but for now, we will have a bump and dump game with it. The highest price reached by ETHW on the bybit exchange was $40 and it is currently being dumped at $6.

$6 is good enough if considering the top at $40 but I'd like to wait for a bit of side way. I don't jump in instantly now as I see it is still risky and not good for my capital flow. It's not good to put my capital in ETHW and it will stuck with minor price changes for a while.

Today binance has distributed airdrop to all users, but they don't allow trading but only withdrawal and deposit, looks like binance is having a different plan here. So now is not a good time to buy, after the whales collect enough goods, I believe there will be waves for us to take advantage of to make a profit.

Binance is always late to distribute airdrop and listing for trading. Anyway, when they list, it is a massive booster. Binance and CZ are smart so they do know that forked coins need them with listing. They will try to wait to see what will happen with that fork as well as price accumulation before making any listing for it.

[Yogee]

I here that there was another fork, though I haven't yet read about it and it could be another one of those stupid scams. it's called EthereumFlair (ETF) though the choice of name seems to be pretty much awkward since most of us traders know about ETFs (Exchange Traded Funds)
Are ETH holders at the time of snapshot also going to receive an ETF airdrop?

Supported by three major centralized exchanges but I don't think they had an airdrop. This will probably end up like those many bitcoin hardforks....they will be abandoned. The coin was also dumped hard like ETHW.

Given the existence of ethereum Classic, I think ethereum POW this time will be difficult to compete. Just as bitcoin has had many forks on the network, only bitcoin cash can truly compete with the rest of the world. Ethereum will have the same probability. But since it's free it would be better to grab the airdrop first.

Time will tell. ETC and ETHW are both using POW algo but not exactly the same. Confidence on ETC's security have not been restored yet after multiple successful attacks so we could see an advantage of ETHW there.

[livingfree]

I've received it on my exchange account but I don't care much about it because it's most likely going to end up with worth nothing.

Given the existence of ethereum Classic, I think ethereum POW this time will be difficult to compete. Just as bitcoin has had many forks on the network, only bitcoin cash can truly compete with the rest of the world. Ethereum will have the same probability. But since it's free it would be better to grab the airdrop first.

Well, it's also going down if it's the bitcoin cash that you think might be able to survive and compete with the rest of the forks. But yeah, free money is still free and that's what we like to have.

Those who have a lot of it always have the best deal in terms of these airdrops.

[Jackl87]

If BTC dumps more in this month I am positive that ETHW will cost 2$ per coin, what pissed me off about this coin is the lack of utility, vitalik walk away with everything, smart contracting and leave only PoW behind, who is going to build on ETHW? Lol this is going to end up a shit coin.

Well the Ethereum team has nothing to do with this ETHW coin as far as i know, so i don't think that you can blame Vitalik now just because he updated his coin to a proof of stake consensuns mechanism now. I mean i can understand that people that were mining Ethereum are a bit upset by this switch but to be honest it was clear for at least 2 years now that this switch to PoS will happen. So everyone had enough time to prepare for that event. That ETHW coin is just a attempt by the big mining companies to create an ETH fork that will be used by the people and still runs on PoW. The problem is there is already ETH classic for that. So i don't think that ETHW will have a future.

[dansus021]

ETHW was dumped days after the fork and I could be wrong but I believe that there will be games for ETHW.

It is not good to buy that coin now because it must be moving side-way for a while before it becomes safer to enter. I will wait a few weeks and make my buying orders. I believe that after whales accumulate cheap ETHW, there will be games to list it on big exchanges. Imagine if it get listed on Binance, the market participants will become very FOMO.

Offcourse it will be listed on Binance since binance have dozen eth on their wallet and get free from this fork why not selling it since other Cex seems approve with this situation

and yes ethw was dumped so hard when i first check it around $25 and now it only $5 its because people sell their free coin

[makishart]

There have been many exchanges that have listed ETHW, but I see the price for now is quite good to buy.
It's just a matter of time ETHW will get attention and maybe if the market improves the price will increase rapidly.

It doesn't even worth to buy. ETHW was a new fork coin that has no utility like ethereum. You must aware if we have ETC as most reliable fork coin for ethereum. we didn't even need a new one. The miners are so greedy to take money from the crypto buyers.
After ethereum was moving to the POS and then miners are using so many ways to grab money from market. In this case, i would like to call those miners who agreed to issue ETC as scammers.
The price will be going down even deeper as scammers are keep dumping their shitty ethw mined by them, Only stupid people who keep buying that shit.

[JangoUnchained]

Binance exchange is always slow when it comes to forks and airdrops, even if the fork is ready they may not open trading instantly, I still have my sologenic on the exchange till date, it seems the project will never open up for trading on binance exchange.

[tvplus006]

...The price will be going down even deeper as scammers are keep dumping their shitty ethw mined by them, Only stupid people who keep buying that shit.

I think that most of the sales are made by large ETH holders who have received ETHW as an airdrop, since most miners have switched to mining other coins, such as ETC and RVN. It is in these networks that we see an increase in hashrate after the Ethereum merger, which increased 4-5 times. This drop is also explained by the fact that there are no people willing to buy ETHW on the market at all.

[tbct_mt2]

I think that most of the sales are made by large ETH holders who have received ETHW as an airdrop, since most miners have switched to mining other coins, such as ETC and RVN. It is in these networks that we see an increase in hashrate after the Ethereum merger, which increased 4-5 times. This drop is also explained by the fact that there are no people willing to buy ETHW on the market at all.

First of all, it is selling pressure from airdrop receivers who don't believe in future of ETHW.
Secondly, it is hard to believe in a new fork that is only a derivative of The Merge.
Lastly, if they have to choose between Ethereum Classic and ETHW, they would prefer to choose ETC definitely.

I think Binance sheds a good signal by allowing to convert ETHW to BUSD. They are trying to accumulate it for games in future.

[ningrum]

Binance exchange is always slow when it comes to forks and airdrops, even if the fork is ready they may not open trading instantly, I still have my sologenic on the exchange till date, it seems the project will never open up for trading on binance exchange.

but don't worry, if Binance has made an announcement regarding ETH PoW I don't think there will be a problem,
it's just that the distribution will have to take time, and all we have to do as Binance users is of course be patient,
because Binance will not break its promise for distribute ETH PoW to Ethereum Holders.

[tvplus006]

Those miners who don't want to get ride of their mining rigs will simply continue to mine this fork coin. And we have seen that it's been a rough start, up and down, sometimes you will see a huge dump and then followed a a increased of like 40%...

Since the Ethereum merger, the number of miners in the ETH PoW network has decreased by about 2 times. This is evidenced by the data of the hashrate network. This indicates that miners are abandoning ETHW mining, preferring ETC and RVN, which, on the contrary, have an increased hashrate.