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- Chandler Guo transitioned from Bitcoin mining in rural China to shaping blockchain innovation through bold investments and initiatives.
- Guo’s support for Ethereum Classic and ETHW highlights his commitment to preserving Proof-of-Work for the mining community.
Chandler Guo was born in a small village in China, far from the glitter and sophistication of technology and wealth. When blockchain and Bitcoin began to attract worldwide attention, Guo recognized a major opportunity that many had yet to discover.
Even though cryptocurrency was still considered an experiment, he embarked on his journey as one of China’s first Bitcoin miners.
Bitcoin gave Guo the opportunity to establish himself and gain prominence. Starting with minimal resources, he built a small Bitcoin mining operation, which eventually grew into one of the largest mining companies in China. Running massive mining operations producing huge revenues, Guo rapidly became a major participant in the Bitcoin ecosystem.
Chandler Guo: From Miner to Angel Investor
The success of Bitcoin mining opened a path for Guo to become more than just a miner. Starting to invest in several blockchain and crypto ventures, he became known as an angel investor for start-up companies. Among the initiatives he supported are well-known blockchain systems currently significantly influencing the crypto sector.
Fascinatingly, Guo distinguished himself most by seeing possibilities in other sectors. Guo adopted a controversial stance in 2016 as Ethereum confronted one of the largest crises in its history—the DAO breach. He started to actively support Ethereum Classic, a hard fork version of Ethereum.
Maintaining the proof-of-work (PoW) consensus process is more to him than just a technical matter; it’s a means of protecting miners just like him.
Fight to Preserve PoW Amid Ethereum’s Transition
Ethereum revealed intentions to use “The Merge” to move to a proof-of-stake (PoS) system in 2022. Among the miners, especially Guo, this action caused serious worry. Seeing the possible danger to the mining community, Guo went back to the stage with an ambitious idea: to develop EthereumPoW (ETHW), a PoW-based variant of Ethereum.
Guo uses his influence and resources to promote the project, convincing the community that PoW remains relevant in the crypto world. Notwithstanding these initiatives, ETHW has not been able to challenge the leading of Ethereum, nonetheless. ETHW’s market capitalization is still small and adoption of it is restricted. For Guo, though, this battle is about upholding principles as much as project accomplishment.
Dedication to the Crypto Future
Guo is not only well-known today for his mining and Ethereum Classic or ETHW, promoting activities. Additionally, heavily interested in investing through AU21 Capital, an investment company he started to assist blockchain entrepreneurs, Guo thinks that ongoing innovation will define the course of cryptocurrency.
With his experience, he has become a respected figure in the blockchain community. Although some of the projects he backed did not achieve success, he remains one of the key figures in the future of blockchain technology.
The journey of Chandler Guo is a story of taking risks, turning opportunities into reality, and sticking to his beliefs despite challenges. For him, crypto is more than just an industry—it’s a movement that could change the way people understand money and technology.
