About a week ago I decided to invest in a Butterfly Labs ASIC Miner as well as a group of six block eruptors that came as a set. I knew that there was a good chance that I would not gain back my investment but I figured it would still be a cool experience to see what this thing can do. I paid around $700.00 for everything that I got and it came in the mail today. I use Triplemining.com as mentioned in a previous post as my mining pool. Well, 3 hours into the mining I am throughly impressed. The machine has already made me $5.50 worth of bitcoins in just 3 hours. This is 1/2 of what a calculator said it would make in 24 hours so it is well above the pace. I read many articles saying a small miner like this, the Jalapeno, was not worth it anymore because of the investment not being able to be returned. Even with the difficulty going up I believe this mining setup will still be able to make back what I have in in less than a month. If you have been discouraged about investing in a small miner please do invest! Using triplemining seems to be good and is outdoing any calculations I had seen before. If you are wondering how to get started mining I have a previous post that briefly explains it and I am willing to answer questions too!
Happy Mining everyone!
I will keep up to date how this miner is doing as well as how much income bitcoin mining can really make with a small investment.
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