On September 15, 2022, the Merge was executed, finalizing Ethereum’s transition to a proof-of-stake consensus and officially ending proof-of-work, which resulted in a ~99.95% reduction in energy consumption.
The Merge joined the original Ethereum execution layer, the Mainnet, with its new proof-of-stake consensus layer, the Beacon Chain. This eliminated the need for energy-intensive mining and enabled the network to be secured using staked ETH, bringing Ethereum closer to achieving its vision of increased scalability, security, and sustainability.
Following the EthereumPoW Hard Fork, any wallet address that held ETH tokens on the ERC20 Mainnet before the snapshot will now hold an equivalent number of ETHW tokens on the EthereumPoW Mainnet.
Step by step guide
Setup your Metamask wallet for ETHW mainnet
Your ETHW balance should automatically reflect your ETH balance during the snapshot