Renowned Chinese miner Chandler Guo, who initiated the retention of support for the current version of Ethereum, tweeted about attracting 5 major mining pools to his side.

Today, owners of ASIC miners with the Ethash hashing algorithm and video card farms will lose the ability to mine ETH due to the blockchain’s transition to the PoS algorithm.

The “old” version of Ethereum, already dubbed ETHPOW or ETHW, could survive with broad support from enthusiastic miners.

Pools Nanopool, F2Pool, BTC.com, Poolin and antpool, are ready to help Chandler Guo by supporting the fork and opening up the possibility to mine the new coin to service users. This greatly increases the chances of ETHW appearing and functioning. Earlier, cryptocurrency exchanges Coinbase and Binance promised to list the fork, if the hash rate is sufficient.

Ethereum Classic is still an alternative for PoW miners to ETH, and, judging by the growing hash rate, some of the farm owners have already switched to ETCs. On the other hand, analysts predict the value of ETHW at $100, more than twice as high as Ethereum Classic.

In addition to supporting large exchanges and pools, Chandler Gou needs to attract smart contract developers. There is no positive news on this direction, moreover, almost all major projects have announced the transition to PoS-blockchain.

https://altcoin.ng/ethw-fork-received-support-from-large-mining-pools/