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EthereumPoW (ETHW) is a blockchain that emerged after Ethereum shifted from its Proof of Work (PoW) model to the more energy-efficient Proof of Stake (PoS) system.
In September 2022, Ethereum made a significant change known as The Merge, moving away from PoW, which relies on miners to verify transactions, to the PoS mechanism, which selects validators based on the amount of cryptocurrency they hold. This change was part of an effort to improve scalability and reduce the energy demands associated with PoW, which had come under scrutiny for its environmental impact. However, the transition raised concerns among miners about their future earnings. To address these concerns, EthereumPoW (ETHW) was created as a hard fork, keeping the original PoW system and continuing Ethereum's tradition of mining-based validation.