![]() To even be eligible to become an Ethereum validator, you need at least 32 ETH that you can stake. Operating a full ETH 2 validator node by yourself is a demanding task. Circulating Supply – the total amount of ETH in circulation, sometimes referred to as total coins mined.Deposit Contract – the smart contract on ETH 1 that accepts validator deposits.Phase 0 – the first phase in the ETH 2 upgrade that also introduces the staking mechanism.ETH 2 – a multi-phase network upgrade of Ethereum.Stake – the amount of ETH staked in the system (32 ETH per validator). ![]() Validator – a node running an ETH 2 client that validates transactions and earns rewards.The operational costs of running an Ethereum validator in Proof of Stake pale in comparison to an Ethereum miner in Proof of Work. Operational costs to consider include the hosting of a Virtual Private Server (VPS) or – for at home setups – the expense of buying hardware such as a Raspberry Pi and the associated electricity. That said, the marginal cost of running an additional validator is low. This Ethereum 2 staking calculator does not account for any of the operational costs associated with running a validator. In the first several months or more, it’s likely that this value will experience significant volatility before reaching a somewhat stable equilibrium. The Total ETH Staked (as a percentage of circulating supply) is taken from the mainnet deposit contract every 5 minutes. The actual price of ETH throughout a validator’s lifetime is likely to vary considerably and so too will any fiat-denominated returns. The calculator assumes a constant price of ETH. The protocol is constructed in such a way that at least 2/3 of validators will always be online. The average uptime across all validators in the network. Rewards are not issued until the network reaches genesis (524,288 ETH staked). The higher the percentage, the lower the yield. The total ETH staked (as a percentage of circulating supply) plays a significant role in calculating the annual interest earned on a validator’s stake. This variable defaults to the current price but can be set manually under advanced settings. The price of ETH is used to provide a rough measure of the return on investment in fiat currency terms. For those without the minimum 32 ETH requirement, third party services are being developed to allow for greater flexibility in the amount staked. For the purposes of this calculator for the benefit of simplicity, any amount of ETH can be used in the calculation. Those wishing to stake more than 32 ETH can run multiple validators. As per the Phase 0 specification, each staking node (validator) can only stake 32 ETH. This is the amount of ETH staked (invested) in the Ethereum 2.0 deposit contract. Users can select “Advanced Settings” to modify a number of variables that impact a validator’s expected return on investment. The calculator on this page aims to simplify the front-end complexities of gauging an expected return when staking in the upcoming Ethereum 2 deposit contract.
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