The price of an Ethereum sister project aimed at preserving the cryptocurrency's old mining network decreased significantly in September 2022. The fork - a change to a blockchain's code - occurred in the build-up towards the Ethereum Merge that month, when Ethereum (ETH) changed from proof-of-work (mining) to proof-of-stake (staking). This change had the potential to impact both the transaction speed as well as the energy consumption of the Ethereum blockchain. Some of the network's former miners, though, planned to keep the old system running in a project called EthereumPOW (ETHW). Analysts observed the initial launch of ETHW was marred with both technical problems as well as competition from Ethereum Classic (ETC) - an older version of ETH.
Ethereum Proof-of-Work (ETHW) price per day from August 2022 to June 19, 2024
(in U.S. dollars)
Characteristic
Price in U.S. dollars
Jun 19, 2024
2.44
Jun 18, 2024
2.74
Jun 17, 2024
2.98
Jun 16, 2024
2.96
Jun 15, 2024
2.96
Jun 14, 2024
2.97
Jun 13, 2024
3.19
Jun 12, 2024
3.12
Jun 11, 2024
3.25
Jun 10, 2024
3.22
Jun 09, 2024
3.18
Jun 08, 2024
3.3
Jun 07, 2024
3.65
Jun 06, 2024
3.71
Jun 05, 2024
3.57
Jun 04, 2024
3.51
Jun 03, 2024
3.46
Jun 02, 2024
3.51
Jun 01, 2024
3.61
May 2024
3.6
Apr 2024
3.93
Mar 2024
4.81
Feb 2024
3.26
Jan 2024
2.7
Dec 2023
3.63
Nov 2023
2.72
Oct 2023
1.43
Sep 2023
1.34
Aug 2023
1.41
Jul 2023
1.76
Jun 2023
1.92
May 2023
2.03
Apr 2023
2.93
Mar 2023
3.36
Feb 2023
3.73
Jan 2023
3.64
Dec 2022
3.01
Nov 2022
3.24
Oct 2022
6.79
Sep 2022
11.94
Aug 2022
47.74
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CoinGecko. (June 19, 2024). Ethereum Proof-of-Work (ETHW) price per day from August 2022 to June 19, 2024 (in U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1334461/price-of-ethereum-proof-of-work/
CoinGecko. "Ethereum Proof-of-Work (ETHW) price per day from August 2022 to June 19, 2024 (in U.S. dollars)." Chart. June 19, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1334461/price-of-ethereum-proof-of-work/
CoinGecko. (2024). Ethereum Proof-of-Work (ETHW) price per day from August 2022 to June 19, 2024 (in U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1334461/price-of-ethereum-proof-of-work/
CoinGecko. "Ethereum Proof-of-work (Ethw) Price per Day from August 2022 to June 19, 2024 (in U.S. Dollars)." Statista, Statista Inc., 19 Jun 2024, https://www.statista.com/statistics/1334461/price-of-ethereum-proof-of-work/
CoinGecko, Ethereum Proof-of-Work (ETHW) price per day from August 2022 to June 19, 2024 (in U.S. dollars) Statista, https://www.statista.com/statistics/1334461/price-of-ethereum-proof-of-work/ (last visited July 22, 2024)
Ethereum Proof-of-Work (ETHW) price per day from August 2022 to June 19, 2024 (in U.S. dollars) [Graph], CoinGecko, June 19, 2024. [Online]. Available: https://www.statista.com/statistics/1334461/price-of-ethereum-proof-of-work/