Hi all,
First post and have a question for those in the know. I've been reading about mining for some time now but been hesitant to invest real money but now feel I may be missing out...question is am I too late to the party?
I'm thinking about getting a Butterfly Labs Jalapeno.
From what I can gather the following is the rough specs of them (though I'm sure people here can correct me/be more specific):
* 5 GH/s
* ~45w
* Can be bought 2nd hand for around £250 ($411.75) (maybe a bit cheaper)
Now in my area electricity costs around £0.1261 ($0.21) /Kwh.
So based on the above, would I ever make the £250 investment back?
I would run it using an EEEPc 901 which draws about 10w on idle (assuming the miner does most of the work), so looking around:
45w+10w = 55w * 24 = 1320w / 1.320Kwh per day = £0.166452 per day on electricity.
Can anyone help?
