They just can't quit.
the "merge," switching from a proof-of-work to proof-of-stake system.
It's a major win for the environment, as it puts energy-intensive Ethereum mining operations out of business overnight. But that also means mining outfits are now sitting on massive piles of extremely power-hungry hardware. Many banded together to create ETHPoW, a hard fork of Ethereum that lets them keep their environmentally damaging operations going.
That's not going so great, though. Today alone — the fork was yesterday — ETHPoW is already down by a
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ETHPoW goes live after Ethereum's proof-of-stake MergeETHPoW has launched its mainnet and published its RPC and block explorer details.
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ETHPoW (ETHW) plunges over 60% a day after mainnet launchETHPoW has had a tumultuous time in trading since miners forked from the proof-of-work Ethereum chain.
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Grayscale files for rights to ETHPoW tokens after The MergeGrayscale Investments has the rights to Ethereum Proof of Work tokens as a result of The Merge, and may or may not distribute them to holders in the form
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Does Ethereum's new ETHPoW fork stand a chance? ETHW price falls 65% post-MergeRough start for Ethereum post-Merge. Downward pressure has caused ETHW to drop in price amid ChainID fiasco.
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Miners Forked Ether So They Can Still Pollute After the Merge, But It's Already Crashing in ValueETHPoW, a popular proof-of-work alternative to ether, crashed after Ethereum's merge, leaving miners in a predicament.
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