Ethereum PoW Is Not an Ethereum Competitor

TeraWulf Adds $50M in Debt to Build Data Center Infrastructure

What it is, instead, is a competitor to Ethereum Classic, which forked in 2016. It’s a competitor for hashpower, for hardware. Its token, which is listed on a few exchanges including Poloniex and (with futures trading on Binance and FTX), is a competitor for attention and dollars.

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