Sign up for a binance account to earn money today Register Now!

Binance Starts Ethereum Proof-of-Work Mining Pool, Initially With No Fee

ETHW initially stumbled, but mining support from Binance customers could in theory help.
Please wait 0 seconds...
Scroll Down and click on Go to Link for destination
Congrats! Link is Generated
image_title_here
(Dalle-E/CoinDesk)

Cryptocurrency exchange Binance said customers can now join a mining pool for ETHW, the forked version of Ethereum that retains the blockchain's original proof-of-work (PoW) underpinnings.

Participants in the ETHW Pool will not be charged a fee during a promotional period that ends Oct. 29, according to a statement Thursday.

Two weeks ago, the Ethereum Merge successfully shifted the blockchain to a proof-of-stake system, eliminating the need for crypto miners on the network. A new, forked version of Ethereum still powered by PoW was created, though it got off to a rocky start. Support from customers of Binance, a giant in crypto trading, could in theory help sustain the forked version.

Post a Comment

Cookie Consent
We serve cookies on this site to analyze traffic, remember your preferences, and optimize your experience.
Oops!
It seems there is something wrong with your internet connection. Please connect to the internet and start browsing again.
AdBlock Detected!
We have detected that you are using adblocking plugin in your browser.
The revenue we earn by the advertisements is used to manage this website, we request you to whitelist our website in your adblocking plugin.
Site is Blocked
Sorry! This site is not available in your country.