Ethereum Proof-of-Work ETHW/USD price history up until October 20, 2022

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.