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Why did Ethereums PoW Token (ETHPoW) Record a 40% surge Today?

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Compiled by: Qadir AK

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Qadir AK

Qadir Ak may be the founder of Coinpedia. He’s got over ten years of experience authoring technology and contains been within the blockchain and cryptocurrency space since 2010. He’s got also interviewed several prominent experts within the cryptocurrency space.

Sep 20, 2022

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The ETH Merge wasnt limited by the shift from proof-of-work [PoW] to proof-of-stake [PoS].

Miners made a decision to hard fork the initial chain with the intention of retaining the PoW chain. Moreover, the EthereumPoW [ETHW] got a lot more attention than Ethereum following the Merge occurred. With this particular, just over a span of a couple of hours, ETHW recorded an enormous 40% rise. The sudden surge came as a surprise and the EthereumPoW network launched its cross-chain bridge along with the BridgeTech network.

Earlier today, Binance announced on Twitter they have opened the doors for the transactions for ETHW.

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