ETHW is currently tradable on most major [exchanges](https://coinmarketcap.com/currencies/ethereum-pow/markets/)

ETHPoW sticks to the same proof-of-work mechanism Ethereum mainnet had been using since its inception before the Merge. The scheduled [difficulty bomb](https://coinmarketcap.com/alexandria/article/ethereum-s-arrow-glacier-upgrade-to-delay-ice-age-s-difficulty-bomb-till-summer-2022) has been completely removed, so ETHPoW can continue to be mined.

With ETHW initially forking the Ethereum blockchain, the chain would start with the same [circulating supply](https://coinmarketcap.com/alexandria/glossary/circulating-supply) as proof-of-stake Ethereum. However, since the ETH 2.0 staking contract 0x00000000219ab540356cBB839Cbe05303d7705Fa only has a "deposit" function, those staked ETH cannot be withdrawn on EthereumPoW. Hence the circulating supply of ETHW is reduced by 13,712,994.

EthereumPoW has cloned the state of Ethereum at the block height of the Merge. That allows [DApp](https://coinmarketcap.com/alexandria/glossary/decentralized-applications-dapps) developers and [stablecoin](https://coinmarketcap.com/alexandria/glossary/stablecoin) issuers to choose which Ethereum chain they support — or copying the app states too, which would double the DApps and liquidity on Ethereum to EthereumPoW. You can read more about the differences between the two chains in our [Ethereum PoS vs Ethereum PoW article](https://coinmarketcap.com/alexandria/article/ethereum-proof-of-work-pow-vs-ethereum-proof-of-stake-pos).

EthereumPoW is supported by people from all over the world who prefer PoW to PoS or who simply want to keep both options(PoW and PoS) for builders and users on Ethereum.

EthereumPoW (ETHW) is a [hard fork](https://coinmarketcap.com/alexandria/glossary/hard-fork-blockchain) of [Ethereum](https://coinmarketcap.com/currencies/ethereum/) blockchain with the [Ethereum Merge](https://coinmarketcap.com/alexandria/article/the-eth-merge-trade). The Merge saw Ethereum transition to [proof-of-stake](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos), while the forked version remains on [proof-of-work](https://coinmarketcap.com/alexandria/glossary/proof-of-work-pow). Read: [All You Ever Wanted to Learn About the Ethereum Merge](https://coinmarketcap.com/alexandria/article/all-you-ever-wanted-to-learn-about-the-ethereum-merge)