Dice your bacon and toss it in a pan over medium heat. While the bacon starts to cook, dice your jalapeno. After some fat is released from the bacon and the meat begins to brown, toss in the jalapeno. Cook until the bacon is fully cooked through.
Step 2
Turn the heat down low, and whisk the butter into the pan. Then, slowly whisk in the cream.
Step 3
Bring the cream to a heavy simmer, then reduce the heat to just below a simmer. In ½ cup additions, whisk the cheddar cheese into the sauce. Whisk until you have your thick, creamy cheese dip. The original recipe should make about 1 cup of dip.