How a total n00b mined $700 in bitcoins
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Butterfly Labs, abbreviated BFL, is a manufacturer butterfly labs bitcoin miner jalapeno online retailer of a unique line of Bitcoin mining hardware. FPGAs represented a significant improvement over the use of Graphics Cards in that they reduced power consumption considerably. However, FPGAs did come with a higher price tag making the initial investment a bit steeper.
Unlike FPGAs, these miners would be built with the sole purpose of mining Bitcoin and would do so at much higher speeds and lower costs.
However, delays ensued and Butterfly Labs continually pushed the ship date back. Butterfly Butterfly labs bitcoin miner jalapeno continually changed their shipping dates, assuring their customers that their ASIC miners would be shipping shortly, even before they had a viable product. In that time several other Bitcoin manufacturers managed to ship their products. To date many BFL pre-orders have not been filled. Regardless, the company has recently announced a next generation ASIC to much ridicule.
The smallest of the group is the Jalapeno. The Jalapeno was originally rated for a speed of 4. Pictured below, the original case for the Jalapeno on the left.
The Jalapeno ended up occupying the cases originally meant for the single and little single on the right. The other products in the line experienced similar changes. Like the rest of the product line, the Mini-Rig changed considerably from its original specifications. After announcing changes to the product lines due to engineering difficulties, BFL announced that they would honor the pre-orders with the specified speed for the original price.
It is also worth noting that BFL did not meet their original specifications for power consumption on any of their models. After unpacking the Jalapeno, I went ahead and plugged the power cord in and connected the USB cord from the back of the Jalapeno to my Windows 7 desktop.
My desktop immediately began to download the drivers for the Jalapeno. With the drivers downloaded and installed I decided to go ahead and give Butterfly Labs mining program, EasyMiner, a try. To download easy miner just follow this link.
It is a pleasant upgrade from my sometimes finicky GPUs that will on occassion go offline. Calculating ROI on Bitcoin mining equipment is a bit tricky. However, considering the investment in potential Bitcoin lends butterfly labs bitcoin miner jalapeno results.
In other words, considering that a BFL Jalapeno had a price tag of roughly The Jalapeno appears to be well crafted and is running at decent speeds. With that said, at the moment I am not planning on investing much more into Butterfly Labs. I do intend to keep up with the difficulty increases, but more than likely by purchasing ASIC miners from other companies as they become more available.
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