Yesterday the Ethereum Merge took place and it all went off without a hitch, so now Ethereum is on proof of stake and they’ve left proof of work behind. Shortly thereafter a hard fork occurred where a new coin has been created and it’s sticking with the proof-of-work consensus mechanism. It’s called ETHPoW, for Ethereum proof of work, and at this point they’re using the ticker symbol ETHW. People have started accessing these coins and they’re starting to sell them off, you can see the price has dropped a fair bit since the fork, but in this video I’ll show you how easy it is to access these ETHW coins and then you can do whatever you want with them. You can send them to an exchange to sell or you can just hang on to it and maybe it’ll go up in price again later.
First, you’ll need a wallet that held Ethereum in it at the time that the hard fork occurred and you’ll get a one-to-one ratio of those coins. So if you had 1 Ethereum in that wallet you’ll then get 1 ETHW in there automatically. You have to add some settings to your Metamask in order to see those coins and access them. Just come up to the networks tab and go add network. There will be some fields here where we paste in the following information.
Chain ID: 10001
Now you can move your ETHW coins into a separate wallet or you can send them directly to an exchange to go and sell. At the time of filming there’s only two platforms that are supporting deposits for ETHW and that’s Bybit and Mexc. Please use the following link to sign up and in doing so you will support my continued work.
Get a Bybit account: https://www.bybit.com/en-US/invite?ref=OAQWQJ
0:00 ETHPoW (ETHW) Hard Fork
1:06 Metamask Settings
2:13 Sending ETHW to exchange
4:14 Selling ETHW