Calculate Rewards with ethereumfaucet.info

This section describes how to calculate rewards with ethereumfaucet.info.

While my browser is generating hashes to make Ether money, let's calculate my reward and see how much I can make per hour.

Based on the statistics, here is how many hashes a can generate with my Chrome browser on my home computer with 4 threads.

Hashrate: 18 hashes / second
   = 1,080 hashes / minute
   = 64,800 hashes / hour

Here is the payout rate given by ethereumfaucet.info:

Payout rate: 9,100 gwei / 1,000,000 hashes

So my hour payout will be:

Hourly payout: Hashrate * Payout rate
   = (64,800 hashes / hour) * (9,100 gwei / 1,000,000 hashes)
   = 589.68 gwei / hour
   = 0.000000589.68 Ether / hour

Finally, convert to US dollars:

Hourly payout in USD: Hourly payout * USD exchange rate
   = (0.000000589.68 Ether / hour) * 700.00 USD / Ether
   = 0.000412776 USD / hour

Too bad. My computer can only make 0.0004 USD per hour, or about 0.01 USD per day.

So I stopped the mining. It's not worth the effort!

Last update: 2018.

Table of Contents

 About This Book

 Introduction of Ethereum

 Ethereum Blockchain

 Ethereum Mist Wallet

 geth - Go Ethereum

 Testnet - Ropsten network

 Private Ethereum Network

 64-Bit "geth" for Private Ethereum Network

 Private Network with Custom Genesis Block

 Transferring Funds between Ether Accounts

 MetaMask - Browser Based Ethereum Wallet

 Managing Ethereum Account

ethereumfaucet.info - Mining Ether with Browser

 What Is ethereumfaucet.info

 Register Ether Account at ethereumfaucet.info

 Generate Hash to Mine Ether at ethereumfaucet.info

Calculate Rewards with ethereumfaucet.info

 References

 PDF Printing Version