A new tool on the website EthereumPrice.org allows users to see what their Ethereum (ETH) will be worth if they stake it for 10 years on the new Ethereum 2.0 network. This should be rolled out later this year. The website uses data from ConsenSys. The calculator was developed by an open source Google Sheet and was created by Colin Myers during ConsenSys Codefi.

The tool shows you how much you could earn if you left your tokens on the new network of Ethereum. The calculator allows you to play with different possibilities and options. For example, you can indicate how much ETH you would like to stake and for which currency. Under advanced settings you will also see several possibilities to illustrate several scenarios. For example, you can adjust how much of the total turnover is staked or see what happens when ETH changes in price. If you have set everything the way you want it, you will see at the bottom how much you would earn in 10 years, each year in total. In the graph you can see how this increases.

32 Ether

Although users can do the calculation with as much ETH as they want, the upgrade of Ethereum will ensure that only users with 32 ETH or more can become a validator. The developers of the calculator say this will create services that will allow users who do not have 32 ETH to put their ETH in a pool.

Although the calculator tool is seen more as an educational tool than an effective tool, it does give the user an idea of how profitable it would if you stake your ETH.

If you use the minimum 32 ETH to run a validator and assume that about 1 percent of the ETH is staked, then after 10 years you will have 121 ETH in your wallet. This would mean an increase from €5,750 to €21,812 (at the current ETH price in euros).

According to Glassnode, a blockchain analysis company, there are currently 116,351 Ethereum addresses with 32 ETH or more. This is an increase of about 14% compared to last year.

How many potential ETH 2.0 validators exist?



Currently, there are 116,351 #Ethereum addresses that hold 32 $ETH or more – up almost 14% within the last year.



Live chart now available on Glassnode Studio 👇https://t.co/kzjCxzkYEw pic.twitter.com/sVIvS5tfaU — glassnode (@glassnode) April 24, 2020

The test network of Ethereum 2.0 started on 18 April and currently has 22,947 validators. The test network was launched by Prysmatic Labs, a team of developers working on the technical infrastructure of Ethereum 2.0.