Re: 1GH/s, 20w, $700 (was $500) — Butterflylabs, is it for real? (Part 2)

Sounds expensive to me, its only .0202 per watt here.

You pay $20.20 per kilowatt-hour? Seems a bit unprofitable to mine bitcoins...

Did you read backward? He said $0.0202 kw/h.
EDIT: That's a damn good rate btw.