Ethereum PoW (ETHW)Surges 30% After Binance Completes Distribution
ETHW was distributed to Binance on Tuesday. ETHW is trading inside an ascending wedge.
![image Beincrypto](https://image.coinlive.com/24x24/cryptotwits-static/f69c925ca7abf69c404c210cc7a61dd1.png)
ETHW was distributed to Binance on Tuesday. ETHW is trading inside an ascending wedge.
The miner used almost 30 million gwei to pay for that transaction.
Ethereum PoW has revealed plans for its mainnet. It has also released information on preparing full nodes.
Anthony Di lorio, one of Ethereum’s founders, highlighted the time and effort that the Ethereum Foundation has invested in the change.
The response comes after researchers in Israel alleged the mining pool has been manipulating Ethereum block timestamps to obtain higher mining rewards.
The Chainlink protocol will continue operations on Ethereum after the upcoming Merge to the proof-of-stake consensus layer.
New York City Mayor Eric Adams, long a supporter of the crypto industry, has now pledged support for sustainable bitcoin miners, asking Governor Hochul to veto a two-year mining ban.
The PoW mining sector is of interest to the Biden administration. The White House is getting ready to publish a ...