I think I paid $300 three years ago. In windows it's slower than molasses but with Linux ide consider it at least equivalent to an i5 laptop in windows. If you have the old laptop still ide throw it on and out the old laptop to use as well.
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wow that's cheap!
i don't know much about the the processor technicalities... as long as it's core i5 up...
the one I got now is core i5, 7th gen... which is pretty fast for blogging and web browsing.
What do you do for living? Are you an IT?