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Homeweb3.0What is the issuance volume of EthereumPoW (ETHW) coins?

What is the issuance volume of EthereumPoW (ETHW) coins?

Oct 12, 2024 pm 04:19 PM
cryptocurrencyEthereumexchange

The issuance of EthereumPoW (ETHW) coins is the same as ETH, 119 million coins, because the ETHW coin was a fork formed after Ethereum transitioned from proof-of-work to proof-of-stake. The distribution of the issuance of ETHW coins includes node rewards (all newly minted ETHW coins are distributed to miners), but unlike ETH, the issuance of ETHW coins does not have an increase mechanism in the case of a hard fork. The release of new coins through mining will Stops after all ETHW coins have been minted.

What is the issuance volume of EthereumPoW (ETHW) coins?

The issuance volume of EthereumPoW (ETHW) coins

The issuance volume of EthereumPoW (ETHW) coins is the same as that of Ethereum (ETH) , 119 million pieces.

Cause

ETHW coin is a fork formed after Ethereum transitioned from the Proof-of-Work (PoW) consensus mechanism to the Proof-of-Stake (PoS) consensus mechanism. Therefore, the issuance of ETHW coins at the time of the fork was the same as ETH at that time.

Issue Distribution

The issuance distribution of ETHW coins is roughly as follows:

  • Founder’s pre-mining: 0 coins
  • ICO Sale: 0 coins
  • Node Rewards: All newly minted ETHW coins will be distributed to miners as rewards.

Future issuance

Unlike ETH, the ETHW coin will not increase its issuance without a hard fork. The release of new coins through mining will continue to be part of the ETHW network until all 119 million ETHW coins have been minted.

Current EthereumPoW (ETHW) information

  • Price: $3.4198
  • 24-hour trading volume: $14,839,519.83
  • Market Cap: $368,718,819.73

Recent Trends

ETHW price increased by 0.46% in the past 24 hours. This reflects the overall rally in the cryptocurrency market.

Factors affecting price

Factors affecting ETHW price include:

  • The overall momentum of the cryptocurrency market
  • Technical upgrades on the ETHW network
  • Support for ETHW by major exchanges

Future trend analysis

ETHW has been on an upward trend recently and is expected to It will continue to rise in the short term. The overall outlook for the cryptocurrency market is generally positive, which could bring support to ETHW price.

Action Recommendations

  • For those who believe the cryptocurrency market will continue to rebound, now may be a good time to invest in ETHW.
  • Before making any investment decisions, it is important to conduct your own research and understand the associated risks.

Short-term trend prediction

It is expected that ETHW will continue to maintain an upward trend in the short term. However, it would be unwise to predict specific price movements.

Key indicators

  • Price: $3.4198
  • 24-hour trading volume: $14,839,519.83
  • Circulation market capitalization: $368,718,819.73
  • Circulation volume: 107,818,999.04993 ETHW

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