What is the current price of EthereumPoW?
The current price of EthereumPoW is $0.2378 with a 2.34% change in the last 24 hours.
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Derivatives and mapped ecosystem data, with source timings and coverage.
EthereumPoW is not Ethereum. It is a separate blockchain created in September 2022 by a group that refused to follow Ethereum into proof of stake. At the Merge, Ethereum's proof-of-work miners lost their job overnight, and this fork kept the old rules running so that mining hardware and the people who owned it had a chain to point at. ETHW is that chain's native coin.
One naming point worth clearing up. In the weeks before the fork, several exchanges listed ETHW as an IOU, a claim on coins that did not exist yet. Some data feeds still carry that IOU label. The IOU phase ended when the chain launched; ETHW today is a real network producing real blocks.
Official and working sources:
The project's original website at ethereumpow.org has been intermittently unreachable, and the domain that once hosted its official explorer and node snapshots, ethwscan.com, no longer serves ETHW content at all. Treat any link to that domain as stale and do not follow it. Use the explorers listed above instead.
The fork was proposed publicly on July 27, 2022 by Chandler Guo, a long-standing figure in Chinese crypto mining, and executed by an anonymous group calling itself ETHW Core. Unlike Ethereum Classic, which formed in 2016 around an ideological dispute over reversing the DAO hack, EthereumPoW formed around an economic one: a large installed base of GPU and ASIC mining capacity was about to become worthless.
The sequence was compressed:
July 27, 2022 The fork is proposed publicly.
September 13, 2022 ETHW Core announces the mainnet plan, publishes binaries and configuration, and states the chain identifier.
September 15, 2022 Ethereum completes the Merge at block 15,537,394. That exact block number is hardcoded in the ETHW client as the fork point.
September 16, 2022 ETHW mainnet begins producing blocks roughly a day after the Merge, and exchanges that had run IOU markets convert them into deliverable balances.
No public individual has taken responsibility for the protocol since. The ETHW Core team has remained anonymous, and the project has never published a whitepaper.
ETHW runs the pre-Merge Ethereum protocol with a small set of deliberate changes. Its client is a fork of go-ethereum, and reading that code is the most reliable way to understand the chain:
Consensus stays Ethash proof of work Blocks are mined, uncles are permitted up to two per block, and the block reward is 2 ETHW, unchanged from Ethereum's Constantinople-era schedule.
The difficulty bomb is removed Ethereum used a rising difficulty bomb to force the transition to proof of stake. ETHW replaced that calculation with a plain difficulty adjustment, reset difficulty at the fork block, and set a new starting difficulty shortly after, so the chain can keep mining indefinitely.
EIP-1559 fees are redirected, not burned ETHW kept the London fee market, so blocks still carry a base fee. But after the fork block, the portion of the fee that Ethereum burns is instead credited to a fixed address the client calls the miner DAO address. Nothing is destroyed.
Chain identifier 10001 A query to the public ETHW RPC endpoint returns chain ID 10001. The client source keeps the legacy value 1 alongside an alternate identifier of 10001, which is what wallets see. Note that the widely used community chain registry records EIP-155 identifier 10001 for an unrelated network, so configure ETHW from the project's own RPC details rather than from a generic chain list.
There is one consequence of the copied state that people miss. Ether deposited into Ethereum's beacon chain staking contract cannot be withdrawn on ETHW, because that contract only ever had a deposit function and the withdrawal machinery lives on the Ethereum consensus layer that ETHW does not have. A large amount of ETHW is therefore permanently stranded in that contract.
ETHW does what ether did before the Merge on Ethereum:
ETHW has no maximum supply. Issuance continues at a fixed reward per block and no fee is burned, so the coin is inflationary by construction. That is a deliberate difference from Ethereum, where the base fee burn can offset or exceed issuance during periods of demand.
Its distinguishing property is simply what it preserved. ETHW is the largest continuation of Ethereum's original proof-of-work rules by a fork that carried the full pre-Merge state, including every contract, token balance, and NFT that existed at block 15,537,394. Anyone who wants to interact with a snapshot of Ethereum as it stood on September 15, 2022, running under mining rather than staking, has exactly one obvious place to do that.
ETHW is secured by Ethash mining. Its security budget is whatever hashrate miners choose to direct at it, which is a small fraction of what pre-Merge Ethereum commanded, and that matters directly: a chain with modest hashrate and a functioning rental market for GPU capacity is easier to attack by reorganization than a chain with a deep one. Exchanges typically compensate by requiring long confirmation depths on deposits.
A second, less obvious security concern is maintenance. The public ETHW client repository has not received a meaningful update since December 2022, and the project's documentation repository is essentially empty. A protocol client that stops receiving fixes accumulates unpatched issues, and it also stops inheriting the improvements that upstream go-ethereum continues to make.
ETHW is the clearest natural experiment in what happens when a chain forks over economics rather than ideology. The Merge asked a simple question: does proof-of-work Ethereum have independent demand, or was its value entirely a function of being Ethereum? Several years of block data answer it. The chain survives, blocks keep coming, and a small amount of real activity persists, but the developer community, the applications, and the users overwhelmingly stayed with the proof-of-stake chain.
ETHW trades on a smaller set of centralized exchanges than it did immediately after the fork. Support and pairs vary by venue and by jurisdiction, and some exchanges that distributed forked balances in 2022 have since removed the market.
ETHW is commonly available on:
Pairs are usually quoted against USDT. Confirm that a venue supports ETHW withdrawals, not only trading, before depositing.
After purchase, ETHW can be held:
Two cautions specific to ETHW. First, an Ethereum address and an ETHW address look identical, so it is easy to send funds to the wrong network; always select the network explicitly and test with a small amount. Second, only obtain RPC and explorer details from sources you have verified are current, because several older official links now point to domains the project no longer controls.
Compare ETHW with other proof-of-work and Ethereum-lineage assets on Coinrithm:
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Read the complete paper trading guideThe current price of EthereumPoW is $0.2378 with a 2.34% change in the last 24 hours.
The daily trading volume is $167,216 representing a 35.53% change in the past 24 hours.
The market capitalization of EthereumPoW is $25,644,078, ranking #474 globally.
The fully diluted valuation (FDV) of EthereumPoW is $25,644,078, calculated assuming the total supply of 107,818,717 ETHW is in circulation.
Circulating: 107,818,717. Total: 107,818,717. Max: N/A.
In the last 24 hours, EthereumPoW traded between a low of $0.2293 and a high of $0.2399.
ETHW/USDTTether USDT0.2378 USDT
