Newbie looking to mine alt-currencies

[_gnasher_]

Hi,

First post here... Tried to post in the hardware section, but don't think I'm allowed yet!

I'm looking to build/buy a rig to mine alt-currencies before they are put on exchange/still new (i.e. low price/difficulty). The problem is that I know NOTHING about building computers, etc...

I've read: http://www.cryptobadger.com/2013/04/build-a-litecoin-mining-rig-hardware/

Would this be the best thing to follow? And then just look up detailed instructions on how to build/run it? Basically, I want to get play a part in all of the new coins (not Bitcoin), but not sure the best way...

[VincentDS]

I recommend you to check out this sticky: https://bitcointalk.org/index.php?topic=9430.0
When you are not sure about different aspects of mining, just search it up on this forum. I'm pretty sure that someone else also occured on your problem 

good luck with building your first rig! 

[50cent_rapper]

I recommend to buy Scrypt-Asic  

[joblessape]

I just started mining recently and this is what I did.

If you want to mine the scrypt coins like LTC, FRK, FTC and most of the other "altcoins" then you compare the price of the hardware with the hashrate it produces. I personally ended up with 270x because they get alot of bang for the buck right now.

Here is a hardware comparison guide.
https://litecoin.info/Mining_hardware_comparison

Then you have to determine what sort of mother board you want, ram and hd arnt really important in mining. Basicly the gpu's are the most important thing. And a power supply that can run them all.

[VincentDS]

I recommend to buy Scrypt-Asic  

When will they be available? and IMO they'll be still very expensive.. (I read 0.9$/Khash)

[katemuro]

Start with some gpus, mine alt currencies before moving to invest big.

[_gnasher_]

Thanks, guys. So when you say to start with GPUs, do you mean build something like:

http://www.cryptobadger.com/2013/04/build-a-litecoin-mining-rig-faq/#money

Is it difficult for someone who knows VERY little about hardware to build and start mining alt-currencies?

[infinitybo]

@_Gnasher_ Sure there is some interesting news about alternative cryptocurrencies anyways there's still a possibility to build a mining rig and that's the best way.