Steam the potatoes for about five minutes in the microwave (or according to directions on bag).
Cut the the potatoes in half.
Heat the skillet over medium heat on the stove. Add about 1 tablespoon extra virgin olive oil. Add the potatoes. The goal isn't so much to cook them as to brown and crisp up the skins.
While potatoes are cooking, microwave the bacon for about 30 seconds and then chop up and set aside.
Chop up the cilantro and the jalapeño and set aside.
When potatoes look golden, layer them with the cheese and bacon, and melt a bit. Put the skillet on low heat to keep food warm while you poach the eggs.
In a separate large saute pan, bring water to almost a boil.
Crack an egg in a small dish and then slide into the almost boiling water. Using a timer, cook for six minutes exactly. Repeat process for each egg.
When finished, using a slotted spoon, transfer the eggs to the skillet.
Layer the eggs with the cilantro and jalapeño as well as a little cracked pepper and salt.
Serve immediately.