Following the Ethereum merge, a number of significant Ethereum mining pools are likely to support EthereumPoW (ETHW), according to the new asset’s developers.
Major pools including F2Pool, Poolin, and BTC.com are planning to enable ETHW mining, which is scheduled to start after the planned hard fork, according to a consecutive number of tweets from the ETHW account. Additionally, Nanopool announced its plan to participate in it a few hours later.
The Ethereum merge is intended to make the network greener. Blockchains based on Proof-of-work (PoW), such as Bitcoin, are infamously energy-intensive. With the proof-of-stake consensus mechanism, industrial operations would be able to maintain the network without needing to consume a lot of electricity.
Chandler Guo, a well-known Chinese miner, started a campaign last month to protest against the merge. This is due to those who mined Ethereum before may be left with incompatible, and unusable mining equipment.
Guo and the other developers proposed a hard fork that would generate a new cryptocurrency while maintaining the PoW mining in order to save these operations. The fact that many companies are backing PoW mining confirmed that the decision is supported by large.
A recent tweet mentioned that several new pools are also undertaking mining tests based on data from their testnet, in addition to the support confirmation from significant mining pools like F2Pool, Poolin, BTC.com, and so on.
It is also stated that EthwMine, a backup mining pool, has teamed up with the ETHW community.
Several significant exchanges, like Coinbase and Binance, have said that the listing of ETHW is not completely excluded from their future plans.
