So I'm a newbie and I'm looking into getting into bitcoining and litecoining. From what I've heard litecoin is more profitable since it's like bitcoin jr right now. (That's how I've heard it put) So with that being said I'm going to have a maximum of $2000 to invest at the first of the year and I'm curious which is the best way to go? First things first.... Do I need a dedicated machine for each bitcoin and litecoin mining? Or if I was to get a butterfly labs rig that could handle 25gh/s for $1249 could I share that between mining for each application? My guess is no! Please guide me in this direction. I'm basing my funds to use on current technology not what they may have next year. Also is it really that easy to hook a 25Gh/s bitcoin miner to a new computer and run the miner program connecting to a pool and let it do it's thing? Also another question I have is do you put all your nuts in one basket by only dedicating your computer to one pool or do you run multiple pools? I can do my research on who the best one's are I'm just curious on so many things. Please do your best to guide me on this subject as I'm very tech savy with pc's and hardware but with this mining is NEW to me!!! One other thought I've seen so many of these rigs where people are using multiple video cards to mine. Why is this the best way to mine? Or is this not all it's cracked up to be? Seems to me 3 or 6 or 9 video cards all running parallel at like 685Mh/s is nothing compared to a Butterfly labs 25Gh/s....... Clarity requested please!
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