ETHW was initially in a bind, but Binance customers might be able to provide mining support.
Binance, a cryptocurrency exchange, announced that customers can now join a mine pool for EthereumW. This forked version Ethereum retains its original proof of work (PoW).
According to a statement Thursday, participants in the ETHW Pool won’t be charged a fee for a promotional period ending Oct. 29.
The Ethereum Merge successfully moved the blockchain to a proof of-stake system two weeks ago. This eliminated the need for cryptocurrency miners on the network. Although it was powered by PoW, a new forked version of Ethereum was created. However, it had a rough start. Binance customers, who are a major in crypto trading, may be able to support the forked version.
#Binance launches the Ethereum Proof-of-Work $ETHW Mining Pool!
— Binance (@binance) September 29, 2022
Mine $ETHW with #Binance Pool and enjoy zero fees on all your earnings 🤝
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