What is an Ethereum mining calculator?
An Ethereum mining calculator allows you to determine how much you can profit from a certain Ethereum miner. It takes into account all relevant costs such as hardware, electricity and fees. See below for detailed instructions on how to use it.
1 Ether = 93 USD
|ETH/USD Exchange Rate|
|Pool Fees %|
|Hardware Cost (USD)|
|Power Cost (USD/kWh)|
|Duration||Calculation||Estimated Profit in USD|
Pure Earning in ETH:
Pool Fee in ETH:
Earning After Fee in ETH:
Earning in USD:
Power Cost in USD:
Earning After Power Cost in USD:
Earning After Hardware Cost in USD:
Instructions on how to use the Ethereum Mining Calculator
- Enter the hash rate of the Ethereum miner you’re planning to use
- Enter additional info you may have, such as electricity costs, pool fees if you’re mining via a pool, etc. You can also leave those fields blank, but the more information you put in, the more accurate the results will be.
- Your estimated profit will be displayed below the calculator automatically. You can click ‘Show details’ to get more info.
Keep in mind that:
- Some values (e.g., the exchange rate and the block reward) are updated automatically in accordance with the current stats. Still, any of the automatic fields can be edited manually to simulated possible scenarios.
- The revenue estimation (in USD) is based on the current exchange rate, which will probably change over time, mostly due to the high volatility of Ethereum.
- Profit is based on current difficulty to mine Ether. Difficulty can (and probably will) change. From past experience it usually goes up as time goes by.
- Earnings IS NOT profit. You still have to take into account the cost of your mining hardware and the electricity to run it (and cool it down if needed).
Calculator fields explained
Difficulty factor – The more people are trying to mine Ethereum the harder it becomes to actually mine Ether. Difficulty is a metric that measures “how hard is it to mine?” at the current moment. This information is taken automatically from the Ethereum network, you do not need to change it.
Hash Rate – How powerful is your miner. The more Hash Rate it can produce the higher your mining rewards will be. Normally you can get the Hash Rate of a specific miner from its manufacturer.
ETH/Block reward – How many Ether is distributed each time a successful block is mined. This information updates from time to time to keep the Ether money supply in check.
ETH/USD exchange rate – How much USD can you get for 1 ETH.
Pool fees – Usually miners group together into mining pools in order to increase their chances of successful mining. The pool takes a certain fee from the earnings.
Hardware cost – How much did it cost you to buy your Ethereum mining hardware.
Power – How much energy does your miner consume. This information should be supplied by the manufacturer.
Power cost – How much are you paying for a KiloWatt per hour of electricity in USD.