ETH Hard Fork Gets Major Traction, Are Ethereum Traders In Jeopardy?

The Ethereum merge is just a little less than 4 hours away from going live. The final upgrade, Paris, is less than 1000 blocks away from being triggered. Paris will mark the end of Proof-of-work on Ethereum and finish the merge. However, the Ethereum hard fork is receiving significant support in keeping PoW active on Ethereum.

Who Is Supporting ETHW

ETHW reveals that they are receiving support from top mining pools for a hard fork. Large mining pools such as f2pool, BTC.com, and poolin have supported ETHW mining after the merge. The second largest mining pool, f2pool, earlier hoped for a successful transition to proof-of-stake. However, it appears that the group has changed its stance.

ETHW has revealed a list of a total of 18 mining pools that are supporting ETHW mining. Eight pools are already available for the ETHW testnet. The Ethereum Hard Fork will be mineable 24 hours after the merge.

Many other influential figures have supported a hard fork in the past. Justin Sun, the founder of the Tron blockchain, revealed that his Poloniex exchange will list the ETHW token. Crypto exchanges like Huobi and BitMEX also supported the hard fork.

How Ethereum Hard Fork Can Impact Ethereum

Ethereum Hard Fork can have a major impact on the merge. DeBank Defi, a major crypto portfolio company, has called a successful merge a disaster for the entire crypto ecosystem. Chainlink, a major smart contract company made it clear that it will not support any hard fork tokens.

Vitalik Buterin called anyone supporting the hard fork to be exchange owners trying to make a quick buck. He highlighted that the Proof-of-work supporters should support the Ethereum Classic blockchain. Ethereum Classic is another hard fork of Ethereum. However, Vitalik remains confident that the hard fork will no0t receive traction from the consumers.

Ethereum is currently trading at $1,616. While Ethereum is a fundamentally bullish event, it is also possible that its price plummets after the merge before a strong rally.

Recommended
Price Analysis

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

Nidhish Shanker

Nidhish is a technology enthusiast, whose aim is to find elegant technical solutions to solve some of society's biggest issues. He is a firm believer of decentralization and wants to work on the mainstream adoption of Blockchain.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.