Support Received Ethereum PoW From Binance Price Rises 15 Percent! Will ETHW Be Listed?

ETHPoW, Ethereum It is a fork of the ecosystem designed to continue with the Proof of Work mechanism after switching to the Proof of Stake mechanism.

During the merge, all users holding Ethereum were airdropped as much ETHW as they held.

While the debate continues on whether ETHW will survive or not, a support came from Binance.

Binance Pool announced today that it has officially launched its Ethereum Proof-of-Work (ETHW) mining service.

According to the announcement, during the promotional period, all users of the ETHW pool will enjoy zero pool fees for mining ETHW.

It was also stated in the announcement that this statement does not mean that ETHW will be listed. The announcement is as follows:

“Binance Pool has officially launched its Ethereum Proof-of-Work (ETHW) mining service.

During the promotion period, all users of the ETHW Pool will enjoy zero pool fees for mining ETHW.

To protect Binance users, ETHW will also go through the same strict listing review process as Binance does for any coin/token.

Supporting ETHW on Binance Pool does not guarantee ETHW listing. Binance does not guarantee any listing as per our internal policy.

As of 2022-09-29, only ETHW withdrawals are enabled on Binance No deposits are available for ETHW. Users can sell ETHW against BUSD and USDT on Binance Convert.”

ETHW price rose by 15% after Binance announced the ETHW pool.

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