Butterfly Labs’ entry level Jalapeno Bitcoin miner sells with a mining rate of Five G/Hash vanaf 2nd, spil well spil with an upgrade that bumps its vertoning to 7 G/Hash vanaf 2nd. And while both are pretty paltry te comparison to those that function at ensured speeds of 30 GH/s, or Butterfly’s own 600 GH/s mining card, they’re still a welgevoeglijk way for Bitcoin noobs and enthusiasts, particularly those with big brains but puny quantities of capital, to get te on the activity without coming in the stadionring of high stakes speculation.
At printing, Butterfly wasgoed sold out of its Five/7 GH/s Jalapenos, and those available on Amazon were largely slightly used units. So it seems Bitcoin mining is, if nothing else, an endeavor that’s growing te popularity. Allegedly, Butterfly will supply a lifetime warranty for its product if it malfunctions due to a manufacturer defect or component failure.
Fresh to the digital currency that is Bitcoin? It’s presently versiering a lotsbestemming of media attention due to China’s December 2013 announcement to disallow their banks from dealing te Bitcoin spil legal tender currency. And also due to its thickest fanboys, the Winklevoss twins, who lately have bot making the rounds to various news and governmental organizations touting Bitcoin’s legitimacy, potential, and immunity to the type of backlash that hits other sensational speculative commodities. The Winklevii decree it: Bitcoin will not be another Dutch tulip mania!
One absolute way not to become a millionaire by way of Bitcoin: buy a block erupter and related equipment (read why here). You may not even make back the money you spend on the devices. But a 300MH/s erupter stick alone is a comparatively cheap purchase if you just want to dink around with a fresh tech and fucktoy.
One possible way to maybe become a millionaire by way of Bitcoin: get ems of thousands of dollars, invest it te some of the forthcoming ASIC hardware, and plead to the parcel service gods that you receive said hardware before the ROI window glides on.
One surefire way to become a millionaire by way of Bitcoin: marry or ingratiate yourself into the will of one of the mere 47 individuals who own 28.9% of the 12 million Bitcoins ter existence thus far. That’s at least $Ten million ter Bitcoin vanaf person.
Learn more about the basics of Bitcoin here, courtesy of my dearest informer on earth, Wikipedia, and more about the specifics of the currency that could switch the world here, on the Bitcoin exchange Mt. Gox.