You will find hundreds of posts on how to build a Litecoin or Bitcoin mining rig and most of these posts simply show you how to toss things together so you can get something up and running. I am going to do my best to not be just another post but really share out some of the things I’ve learned while putting together my own Litecoin mining rig. If you haven’t already done it you should start educating yourself on what Litecoin and Bitcoin is by starting here.

Where to go next – deciding on a strategy?

This market isn’t much different than trading regular currency and like any investment you need a strategy to follow. In the most basic sense you have three strategies that you can work with.

1. Making a mining rig / buying hardware
2. Buying & Selling Litecoin or Bitcoin
3. Doing both

Strategy 1 – Making a mining rig / buying hardware

Making a mining rig is honestly the most fun part of getting into this cryptocurrency hobby.Bitcoin mining rig" width="180" height="101">It gives you a chance to build an unbelievable system that will make PC gamer’s cry and give you a hobby that can honestly pay. Since I am an IT person this strategy makes the most sense for me. However you will find that this can turn into a very costly endeavor. Especially if you shoot the moon with your ambitions. The nice part is that if you decide to get out of this hobby you can often resell your equipment to other Litecoin miners or piecemeal your parts out on Ebay and recoup some of your costs. As time goes on however you will only be able to recoup a fraction of the costs. But I must reiterate – you get to build stuff!

Source: it-erate.com