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 September 25, 2024
(in U.S. dollars)
Characteristic
Price in U.S. dollars
Sep 25, 2024
2.23
Sep 24, 2024
2.23
Sep 23, 2024
2.16
Sep 22, 2024
2.18
Sep 21, 2024
2.13
Sep 20, 2024
1.87
Sep 19, 2024
1.84
Sep 18, 2024
1.77
Sep 17, 2024
1.69
Sep 16, 2024
1.75
Sep 15, 2024
1.84
Sep 14, 2024
1.85
Sep 13, 2024
1.79
Sep 12, 2024
1.77
Sep 11, 2024
1.76
Sep 10, 2024
1.79
Sep 09, 2024
1.73
Sep 08, 2024
1.66
Sep 07, 2024
1.62
Sep 06, 2024
1.68
Sep 05, 2024
1.77
Sep 04, 2024
1.69
Sep 03, 2024
1.76
Sep 02, 2024
1.64
Sep 01, 2024
1.73
Aug 2024
1.76
Jul 2024
2.48
Jun 2024
2.34
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. (September 25, 2024). Ethereum Proof-of-Work (ETHW) price per day from August 2022 to September 25, 2024 (in U.S. dollars) [Graph]. In Statista. Retrieved November 21, 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 September 25, 2024 (in U.S. dollars)." Chart. September 25, 2024. Statista. Accessed November 21, 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 September 25, 2024 (in U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 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 September 25, 2024 (in U.S. Dollars)." Statista, Statista Inc., 25 Sep 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 September 25, 2024 (in U.S. dollars) Statista, https://www.statista.com/statistics/1334461/price-of-ethereum-proof-of-work/ (last visited November 21, 2024)
Ethereum Proof-of-Work (ETHW) price per day from August 2022 to September 25, 2024 (in U.S. dollars) [Graph], CoinGecko, September 25, 2024. [Online]. Available: https://www.statista.com/statistics/1334461/price-of-ethereum-proof-of-work/
