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The random Asics of Bitcoin Mining - Butterfly Labs Jalapeno by c0ff33a

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· @c0ff33a ·
$25.99
The random Asics of Bitcoin Mining - Butterfly Labs Jalapeno
![IMG_0978.JPG](https://steemitimages.com/DQmPopDgNVB4V1951pYRgoHX8EVy8LvJhr9GZDSrCn4xjib/IMG_0978.JPG)

Continuing my random posts about Bitcoin Mining and it’s associated hardware - todays post covers a quite random Desktop style bitcoin miner - the Butterfly Labs Jalapeno. This miner would not look out of place on an office desk, alongside your home computer screen or even on a coffee table as a comment point. Size wise it has the same footprint as a table cup coaster would have, but is quite tall - very nicely finished though. This tiny Bitcoin miner originally was pitched at 5 gh/s - but Butterfly Labs did offer an upgrade to 7 gh/s which this version is. Unlike some of the beefier Antminer hardware I have covered, this is a USB based ASIC so you need a computer to plug it into and suitable software on the computer to control it’s Bitcoin Mining. While it might be quite small in size, it’s still a noisy beast - using a 120mm 12v fan for cooling - it sucks in air from vents at the top of the back and blows it over the internal heat sink and then out of the vents bottom front.

![IMG_0980.JPG](https://steemitimages.com/DQmf2cfUrqteCDWTzpRbqmfo5JLPCAuA95gh2oYV7jj8C9E/IMG_0980.JPG)

On top it has the Butterly Labs logo, the device itself does not get too hot while mining you can comfortably touch the outer case.

![IMG_0981.JPG](https://steemitimages.com/DQmNZdZsENKLcxy5TovXBKash9txBFSnDihFm4cq72yW8A7/IMG_0981.JPG)

Side on a smooth dust magnet, I gave it a quick wipe down before taking the pictures but it did not help much.

![IMG_0982.JPG](https://steemitimages.com/DQmZSMqbY3JNZmvvKCZqXTJPhNGHUtMouyKosvYyRCDmu3m/IMG_0982.JPG)

At the back Micro USB in and also the power lead from the external Power Brick - giving a steady power supply to the device was one of the many issues Butterfly Labs had during development.

Butterfly labs had a turbulent time as a Bitcoin miner manufacturer - while some might say they initiated the movement to ASIC (application-specific integrated circuit) mining they were eager to take money for pre-orders way too long before they actually had a working product to ship. While they took pre-orders in June 2012 to ship by fall in the same year - production issues and power problems meant some pre-orders were lucky to ship a whole year later in June 2013 - and the bulk was much longer after that. While Butterfly Labs struggled to ship a product many had already paid for, other manufacturers nailed ASIC use and shipped fully working products which increased the Bitcoin Mining Difficulty and made the ROI for early adopters of the Butterfly Labs products far less then expected - leading to quite obvious drama. Giving someone your money and waiting more then 12 months to get an actual product is bad, finding out when you do receive the product it’s making you far less then expected in return caused a rift in the Bitcoin community that Butterly Labs would never recover from. By September 2014 the Federal Trade Commission shut down Butterfly Labs after receiving a dossier of complaints Thicker than the big print version of the full works of Charles Dickens…products either failed to arrive at all that were paid for or arrived so late they were worthless compared to the original ROI. The final nail in the coffin of Butterfly Labs was announcing in early 2014 new products and even an cloud based service - while still holding the money of investors who had pre-ordered products they were incapable of shipping in a reasonable time.

So in 2017 I have a very pretty looking paper weight, it still works - chuggs away at a very solid 7.2gh/s when used with the Bitminter pool - the specific software Butterfly Labs shipped with the product has long since disappeared - you can kick it into life with some command line software but Bitminter offer an elegant Java miner that seems to work quite well.

![bitminter.png](https://steemitimages.com/DQmdiRjfBZcxzUmkSWTHqXH7gccwo8pjRJr8W7Aik6qRp8c/bitminter.png)

Fortunately this was one of my eBay bargains, compared to some of the bigger higher hash rate kit I have collected not great value - but it’s an interesting relic of the Bitcoin Gold Rush - and as ornaments go it looks quite nice and keeps you  warm as a bonus! 

![IMG_0983.JPG](https://steemitimages.com/DQmZbywf8ZCtgQq7wBp7p1N9grfQ47JZ7hAELNiUKVJ2W4c/IMG_0983.JPG)

With Bitcoin reaching such high value this year, interest in mining seems to have increased greatly - leading to holders of equipment looking to capitalise on their original investment by selling on the kit - and also of course random manufacturers looking to cash in on the interest by selling low hash rate devices for stupid prices. Ebay is awash with USB ASICS offering just 2gh/s that are going for £50/£60 - in comparison I paid the same amount for old Antminers S1’s capable of 200gh/s. Now on tap of that I needed to fit 2 new fans (£4 a piece off Amazon if you don’t mind noise) per unit and also obtain PSU’s to run them (around £50 for a Corsair 550w - don’t buy cheap no name PSU’s, they die within a few months - from my own experience!) but you are still looking at  £120 for a 200gh/s machine -compared to getting two USB Miners doing 4gh/s total! 

And then you can’t even get too excited, according to f2pool.com per 1 th/s (1000 gh/s) you will get 0.00018982 BTC that’s £1.17 as at 23rd November 2017 exchange rate - but the electricity cost in the UK right now will take half of that profit away. For 200gh/s you would get 0.234 pence per day - half of which lost in electricity cost. For a USB doing 2gh/s you get 2pence per day! OK, if you always leave your computer on anyway the electricity cost is not so much of an issue - but £50 on a 2gh/s USB would take 18 years to recover your cost of the product. 

To conclude the Bitcoin Mining Goldrush has long since passed, you can dabble for fun or just general interest but don’t expect to make a great deal of money out of it. I’m hashing at 4 th/s and split the rewards between earning actual Bitcoin (which I just find it nice to have a wallet with Bitcoin in) and some of my rewards I get sent straight to BlockTrades to convert to Steem - which I invest in my blog posts to get better reward value from them. 

![IMG_0986.JPG](https://steemitimages.com/DQmYiyJcJQHd6QoLXChzZ539dVaiBBWfWZD4CMj6yeDggzM/IMG_0986.JPG)

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vote details (120)
@aksdwi ·
<p>This post has received a 21.96 % upvote from @aksdwi thanks to: @c0ff33a.</p>
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@appreciator ·
<p>This post has received gratitude of 3.91 % from @appreciator thanks to: @c0ff33a.</p>
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@bellyrub ·
<p>This wonderful post has received a bellyrub 3.76 % upvote from @bellyrub.
Please make sure to vote for my pops as a witness @zeartul,<a href="https://steemit.com/~witnesses">Here</a></p>
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@boomerang ·
This post has received a 5.34 % upvote from @boomerang thanks to: @c0ff33a<br><br>@boomerang distributes 100% of the SBD and up to 80% of the Curation Rewards to STEEM POWER Delegators. If you want to bid for votes or want to delegate SP please read <a href="https://steemit.com/steemit/@boomerang/boomerang-a-new-steemit-bid-bot-for-all-steemians-whitepaper">the @boomerang whitepaper</a>.
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@booster ·
<p>This post has received a 2.64 % upvote from @booster thanks to: @c0ff33a.</p>
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@buildawhale ·
<p>This post has received a 1.87 % upvote from @buildawhale thanks to: @c0ff33a.
Send at least 1 SBD to @buildawhale with a post link in the memo field for a portion of the next vote.</p>

<p>To support our daily curation initiative, please vote on my owner, @themarkymark, as a <a href="https://steemit.com/witness-category/@themarkymark/witness-themarkymark">Steem Witness</a></p>
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@c0ff33a ·
Do you mine Bitcoin, Altcoin or Steem @originalworks
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@dylen ·
I don't know anything about mining bitcoin is possible past few years ago..I just bought it and do some exchanges to complete the level in my games or to get extra things to improve the game that I was playing. Now regret is all I have if only I knew that bitcoin is a valuable thing that can be change as currency I'm not going to be stupid enough just to waste all of em ...haa I try to find a way to recover just by mining using my pc and gpu..cheers
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@herrleger ·
A friend an me tried to jump on the Eth mining train this year. We couldnt order enough GPUs for an effortable price. Now with the increased difficulty we are happy we didnt spend that much money for a rig. Its nice to watch the mining but the big players took the lead long time ago...
👍  
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vote details (1)
@c0ff33a ·
$0.23
This is very true, I’m dabbling out of interest - there is little to no profit nowadays. Although with my mined bitcoin mostly being converted to Steem - I’m hoping to increase the value more with my
👍  , , , , , , ,
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@jyoti-thelight ·
great post but over my head hahaha keep going
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@kunani ·
$0.15
Great information! Is there any mining process for Steem?
👍  
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vote details (1)
@c0ff33a ·
I do not think there is a direct method of Mining Steem - although really this is what we are doing on Steemit - mining Steem by creating blog posts, upvoting others posts and replying to posts. As I mention above some of my mining machines are pointed at a mining pool which I have instructed to pay out my bitcoin rewards to Blocktrades which then converts it to the relevant amount of Steem and deposits it into my wallet. I am them using this to invest in my posts to get greater rewards and help build my steem power.
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@kunani ·
Thank you friend for your valuable and clear reply
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@lovejuice ·
<p>This post has received a 46.88 % upvote from @lovejuice thanks to: @c0ff33a.  They love you, so does Aggroed.  Please be sure to vote for Witnesses at https://steemit.com/~witnesses.</p>
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@minnowpowerup ·
@MinnowPowerUp summary from November 24, 2017
You have collected your daily Power Up! This post received an upvote worth of 0.18$.
[Learn how to Power Up Smart here!](https://steemit.com/steemit/@minnowpowerup/introducing-minnowpowerup-a-paid-subscription-based-daily-upvote-bot-that-draws-its-power-from-a-delegation-pool)
https://steemitimages.com/DQmQxdQrRLJQjMQFKJgGLQT8tnub5SogfuvUNmkmNyqLrbd/logo.png
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@minnowsupport ·
<p>Congratulations!  This post has been upvoted from the communal account, @minnowsupport, by c0ff33a from the Minnow Support Project.  It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso.  The goal is to help Steemit grow by supporting Minnows and creating a social network.  Please find us in the <a href="https://discord.gg/HYj4yvw">Peace, Abundance, and Liberty Network (PALnet) Discord Channel</a>.  It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.</p>
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@old-guy-photos ·
$0.22
Its an interesting and very cool hobby! You would have to add in the value of heating your place lol.
👍  
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@c0ff33a ·
Thanks Paul, they do heat places up very well. A weird thing has happened and I do not know why - somehow I seem to have been delegated 5500 Steam Power from somewhere - so my upvote value of 0.1 has shot up to 0.19 - see I just upvoted you. Weird, I best go upvote some of my favs before someone nicks it back!
👍  
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@old-guy-photos ·
Huh? An anonymous delegation? Cant beat that, right. You didnt enter a contest or something?
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@resteembot ·
Resteemed by @resteembot! Good Luck!
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@resteemr ·
This post was upvoted and resteemed by @resteemr!
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Check what @resteemr can do for you. [Introduction of resteemr](https://steemit.com/introduceyourself/@resteemr/new-resteem-bot-or-follow-and-earn).
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@steemitworldmap ·
**Congratulations, Your Post Has Been Added To The <a href='http://steemitworldmap.com'>Steemit Worldmap</a>!**<br/><sub>Author link: http://steemitworldmap.com?author=c0ff33a<br>Post link: http://steemitworldmap.com?post=the-random-asics-of-bitcoin-mining-butterfly-labs-jalapeno</sub><br/><br/>Want to have your post on the map too?<br/><sub>Add the following inside your post:<br/>**!steemitworldmap xxx lat yyy long description d3scr**</sub><br/><sub>*(replace xxx and yyy with latitude and longitude)*</sub>
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@waqasahmad911 ·
$0.21
good information tnx for sharing
👍  
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@c0ff33a ·
Thanks for dropping by and leaving a comment.
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