New Ethereum PoW Fork Gathers 60 Terahash From Well Known Pools, ETHW’s Price...
Following Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoW) roughly five different crypto assets were the main beneficiaries of Ethereum’s former hashrate. However, 24 hours after The Merge, anonymous developers launched an Ethereum PoW fork called ETHW and the fork has managed to garner 60.92 terahash per second (TH/s) of hashpower. However, ETHW has lost a considerable amount of fiat value, dropping 90.72% from the crypto asset’s all-time high (ATH). The newly launched coin has shed over 39% in value during the past 24 hours. ETHW Chain Is Now....
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Almost 60% of Ethereum miners have upgraded to support Ethereum’s historical hardfork, reaching a conclusive and final decision in alignment with the wishes of Ethereum holders who voted overwhelmingly in favor of the fork, with 87% supporting the restoration of stolen property to their rightful owners. All big western pools held a vote, showing a new system of governance in the blockchain space. Overall, almost 80% of miners in all pools voted in favor, with 85% of miners on Dwarfpool, Ethereum’s biggest pool, voting in support of the fork. In contrast, F2pool and BW, both Chinese pools,....
Following Ethereum’s Merge, a number of cryptocurrency community members have been discussing the proof-of-work (PoW) fork called ETHW as it dropped significantly in value during the past few days. However, a lot of people are unaware that there’s another Ethereum-based PoW fork called ethereumfair (ETF), and ETF has gathered a small amount of hashrate and fiat value since the token’s mainnet launch.
The Crypto Community Greets Another PoW Fork Called Ethereumfair
Most people were aware that a proof-of-work (PoW) crypto asset called ETHW was created....
Ethereum’s hard fork will officially occur Wednesday at approximately 7am EST, despite 65% of miners voting against the measures. Pools ‘Supposed Not to Support’ Fork. The countdown to block 1,920,000, determined to be the opportune point for the action to recover funds lost during the DAO hack, is set to expire shortly. Following creator Vitalik....
On Thursday, following the official proof-of-stake (PoS) transition announcement from the Ethereum Foundation, Ethereum Classic’s hashrate tapped another all-time high at block height 15,806,925. The latest jump to 38.64 terahash marks the network’s second record high in five days, as Ethereum Classic captured 38.37 terahash per second (TH/s) on August 20, 2022.
Ethereum Classic Hashrate Spikes Following the Latest Merge Announcement
The Ethereum Foundation recently published a blog post called the “Mainnet Merge Announcement,” which gives the public....
Mining pools that represent at least 70% of the total hashing power of the bitcoin network have announced that they would not be supporting Bitcoin Classic or, for that matter – any “contentious hard-fork.” The mining pools are joined by some of the world’s largest bitcoin exchanges in revealing the decision. In a letter via a Medium post, The Bitcoin Roundtable – a community of the cryptocurrency’s miners, exchanges, wallets and businesses have today announced that they would not be supporting Bitcoin Classic, describing it as a “contentious hard-fork.” The mining pools making up for the....