Ethereum ETH Miner Reward Estimation Calculator

Calculate the profit from mining Ethereum on MinerGate. Please note that it is an estimated amount of cryptocoins you can get. The calculations are based on the current pool fee, 0% bad shares and doesn't account for orphan blocks or uncles. Your profit depends on network difficulty, block reward, transactions amount and. We could confirm quite quickly that mining ethereum is subject to. Provide an earning estimation for each miner on the. 3 Eth is around the reward of an. CoinWarz Ethereum mining calculator. Enter your mining rig's hash rate and the CoinWarz Ethereum calculator will use the current difficulty and exchange rate to.

This calculator is designed to help you see how profitable Ethereum mining can be for you. Input your information, such as hashing power/hash rate and any pool fees you may have. If you're using your own mining rig, input your hardware costs, power usage and power price, in kw per hour (you can find this on your electricity bill, or search online for state averages if you're unsure). Then hit calculate.

The estimated result is based on the current ETH to USD price, as well as the mining difficulty. There are results for daily, weekly, monthly and yearly profits, as well as how much time, in days, it will take to break even on either your contract price or the cost of your rig.

Total noob here, I'm just guessing! 5 Ether per block during frontier apparantly. The calculation below is ignoring uncles, it's just for the static block reward. The probability of mining a block should be uniformly yourHashrate / totalHashrate. Since a block apparantly is mined every minute (the difficulty is adjusted thereto) etherPerDay = 24*60*5.

Top 10 Litecoin LTC Mining Pools. So after a day you can expect on average yourHashrate / totalHashrate * etherPerDay. The stats currently state 3.1 GH/s as the total hashrate. Assuming yourHashrate = 25 MH/s that yields 24*60*5*(25e6/3.1e9) = 58 Ether / day Then again, I'd estimate the total hashrate to be maybe a hundred times higher when more miners run their rigs. So a more careful estimate would be 24*60*5*(25e6/3.1e11) = 0.58 Ether / day. Anything between (and outside of) these values is possible Still open is the question of how likely it actually is to mine at least one of the 1440 blocks each day.

If I'm not mistaken, then the geometric distribution applies when asking for how long to wait for a block. I made a plot for this.